How an age-based reopening could save lives
MIT economists recommend older Americans stay home during COVID-19 pandemic while younger adults return to work sooner.
Faculty
MIT economists recommend older Americans stay home during COVID-19 pandemic while younger adults return to work sooner.
"Economic theory robustly suggests you are unlikely to get as strong trade balance reductions and you need more parameters."
Ivan Werning suggests considering a set of different sectors, each hit by shocks in its own way.
"It was a good start. If the economy were a house, it is already burning."
"Dollarizing with a shortage of dollars stinks. The country must primarily address its chronic fiscal problem.