TY  - RPRT
        AU  - Gottlieb, Charles
AU  - Grobovsek, Jan
AU  - Poschke, Markus
AU  - Saltiel, Fernando
        TI  - Lockdown Accounting
        PY  - 2020/Jun/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 13397
        UR  - https://www.iza.org/index.php/publications/dp13397
        AB  - We measure the effect of lockdown policies on employment and GDP across countries using individual- and sector-level data. Employment effects depend on the ability to work from home, which ranges from about half of total employment in rich countries to around 35% in poor countries. This gap reflects differences in occupational composition, self-employment levels, and individual characteristics across countries. GDP effects of lockdown policies also depend on countries' sectoral structure. Losses in poor countries are attenuated by their higher value-added share in essential sectors, notably agriculture. Overall, a realistic lockdown policy implies GDP losses of 20-25% on an annualized basis.
        KW  - COVID-19
KW  - work from home
KW  - structural change
        ER  -