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International audience; In this paper, we examine the changes in the dependence structure of global stock markets amid the outbreak of COVID-19. We divide 56 stock markets into developed, emerging, and frontier markets and study their daily price data from 15 October 2019 to 17 August 2020 using the canonical vine (C-vine) copula approach. We observed significant changes in the dependence structure, the selection of the pair copula families, and the associated parameter estimates in the tree. In developed markets, during the COVID-19, the dependence of markets shifted from the Netherlands to France while the root node position of Hungary replaced the market of Poland. The frontier markets showed strong dependence signs with Mauritius before COVID-19 and Slovenia during the outbreak. Our findings are of interest to regulators and practitioners, particularly in monitoring the value at risk of portfolios and adopting appropriate strategies in light of the varying dynamics of stock markets during extreme events, such as COVID-19.

International audience; We examine how corporate real estate market participants adjust to the take-off of teleworking. We develop an indicator of the exposure of counties to teleworking in France by combining teleworking capacity with incentives and frictions to its deployment. We study how this indicator relates to prices and quantities in the corporate real estate market. We find that for offices in counties more exposed, the Covid-19 crisis has led to (1) higher vacancy rates, (2) less construction, (3) lower prices. Our findings reveal that teleworking has already an impact on the office market. Furthermore, forward-looking indicators suggest that market participants are anticipating the shift to teleworking to be durable.

The COVID-19 pandemic has emerged as one of the deadliest infectious diseases on the planet. Millions of people and businesses have been placed in lockdown where the main aim is to stop the spread of the virus. As an extreme phenomenon, the lockdown has triggered a global economic shock at an alarming pace, conveying sharp recessions for many countries. In the meantime, the lockdowns caused by the COVID-19 pandemic have drastically changed energy consumption patterns and reduced CO2 emissions throughout the world. Recent data released by the International Monetary Fund and International Energy Agency for 2020 further forecast that emissions will rebound in 2021. Still, the full impact of COVID-19 in terms of how long the crisis will be and how the consumption pattern of energy and the associated levels of CO2 emissions will be affected are unclear. This review aims to steer policymakers and governments of nations toward a better direction by providing a broad and convincing overview on the observed and likely impacts of the pandemic of COVID-19 on the world economy, world energy demand, and world energy-related CO2 emissions that may well emerge in the next few years. Indeed, given that immediate policy responses are required with equal urgency to address three things—pandemic, economic downturn, and climate crisis. This study outlines policy suggestions that can be used during these uncertain times as a guide. Graphical abstract Image, graphical abstract

COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals’ perceptions regarding ursing homes. We argue that this could have sizable and persistent implications for savings and long-term care policies. We first develop a theoretical model predicting that higher nurs- ing home aversion should induce higher savings and stronger support for policies subsidizing home care. We further document, based on a survey on Canadians in their 50s and 60s, that higher nursing home aversion is widespread: 72% of respondents are less inclined to enter a nursing home because of the pandemic. Consistent with our model, we find that the latter are much more likely to have higher intended savings for older age because of the pandemic. We also find that they are more likely to strongly support home care subsidies.

Italy was hit harshly by the Covid-19 pandemic, registering more than 35,000 Covid-19 deaths between February and July 2020. During this first wave of the epidemic, the virus spread unequally across the country, with northern regions witnessing more cases and deaths. We investigate demographic and socio-economic factors contributing to the diverse regional impact of the virus during the first wave. Using generalized additive mixed models, we find that Covid-19 mortality at regional level is negatively associated with the degree of intergenerational co-residence, number of intensive care unit beds per capita, and delay in the outbreak of the epidemic. Conversely, we do not find strong associations for several variables highlighted in recent literature, such as population density or the share of the population who are older or have at least one chronic disease. Our results underscore the importance of context-specific analysis for the study of a pandemic.

This paper examines the empirical relationship between individuals’ cognitive and non-cognitive abilities and COVID-19 compliance behaviors using cross-country data from the Survey of Health, Ageing and Retirement in Europe (SHARE). We find that both cognitive and non-cognitive skills predict responsible health behaviors during the COVID-19 crisis. Episodic memory is the most important cognitive skill, while conscientiousness and neuroticism are the most significant personality traits. There is also some evidence of a role for an internal locus of control in compliance. usc Refereed/Peer-reviewed

COVID-19 mortality increases markedly with age and is also substantially higher among Black, Indigenous, and People of Color (BIPOC) populations in the United States. These two facts can have conflicting implications because BIPOC populations are younger than white populations. In analyses of California and Minnesota—demographically divergent states—we show that COVID vaccination schedules based solely on age benefit the older white populations at the expense of younger BIPOC populations with higher risk of death from COVID-19. We find that strategies that prioritize high-risk geographic areas for vaccination at all ages better target mortality risk than age-based strategies alone, although they do not always perform as well as direct prioritization of high-risk racial/ethnic groups. Vaccination schemas directly implicate equitability of access, both domestically and globally.

Abstract The global lockdowns brought on by the COVID-19 pandemic forced an immediate change in the way people moved about;namely, travel was slowed from a turbulent river to a trickle In-person meetings, often involving long-distance flights, were either canceled, postponed, or shifted over to virtual modes People who were unfamiliar with online meetings quickly became acquainted with them

Pandemic disease is not merely a biological reality but also a cognitive and socially constructed phenomenon which intensely mobilizes a multiplicity of political frames. Far-right political entrepreneurs are, despite their remoteness from actual decision-making processes, active stakeholders in the current crisis. Existential threats to societies breed a sense of urgency and heightened cultural warfare that is a hotbed for extremism. Our study seeks to map, compare and contrast the symbolic responses to the Coronavirus crisis articulated by various far-right actors in two established democracies in the transatlantic area: The United States and France. We aim to shed light on how entrenched far-right mythologies and tropes—which appear increasingly transatlantic—are channeled into a new synthesis as part of an “alternative” political epistemology. Infused with the mythos of resistance and insurgency, resolutely anti-systemic, this alternative epistemology can better be described, following Michael Barkun, as a form of “stigmatized knowledge”. Our study will employ a Critical Discourse Analysis framework to bring into focus, in the response of the Euro-American far-right to the COVID-19 crisis, the ideological semiotics of the current “infodemic”.

Abstract This article analyzes the audio diaries of a Tibetan physician, originally from Amdo (Qinghai Province, China), now living in New York City. Dr. Kunchog Tseten describes his experiences during the first wave of the COVID-19 pandemic, in spring and summer 2020, when Queens, New York—the location where he lives and works—was the “epicenter of the epicenter” of the novel coronavirus outbreak in the United States. The collaborative research project of which this diary is a part combines innovative methodological approaches to qualitative, ethnographic study during this era of social distancing with an attunement to the relationship between language, culture, and health care. Dr. Kunchog’s diary and our analysis of its contents illustrate the ways that Tibetan medicine and Tibetan cultural practices, including those emergent from Buddhism, have helped members of the Himalayan and Tibetan communities in New York City navigate this unprecedented moment with care and compassion.