by Ökonomenstimme, 3 April 2020. HTML. Shorter version published in NZZ. The aggregate Covid-19 shock calls for transfers of the type a pandemic insurance would have brought about. But we must not distort relative prices. They have to reflect scarcity, to provide incentives to overcome it. (This applies within countries but also across.)
Topics:
Dirk Niepelt considers the following as important: Contributions, coronavirus, COVID-19, Incentive, Redistribution, Risk sharing, Scarcity, Switzerland, Transfer
This could be interesting, too:
Dirk Niepelt writes Does the US Administration Prohibit the Use of Reserves?
Dirk Niepelt writes “Pricing Liquidity Support: A PLB for Switzerland” (with Cyril Monnet and Remo Taudien), UniBe DP, 2025
Dirk Niepelt writes “Report by the Parliamentary Investigation Committee on the Conduct of the Authorities in the Context of the Emergency Takeover of Credit Suisse”
Claudio Grass writes Gold climbing from record high to record high: why buy now?
Ökonomenstimme, 3 April 2020. HTML. Shorter version published in NZZ.
The aggregate Covid-19 shock calls for transfers of the type a pandemic insurance would have brought about. But we must not distort relative prices. They have to reflect scarcity, to provide incentives to overcome it. (This applies within countries but also across.)