@TechReport{iza:izadps:dp13397,
            	author={Gottlieb, Charles and Grobovsek, Jan and Poschke, Markus and Saltiel, Fernando},
            	title={Lockdown Accounting},
            	year={2020},
	month={Jun},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={13397},
            	url={https://www.iza.org/publications/dp13397},
	abstract={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.},
	keywords={COVID-19;work from home;structural change},
            }