Fix the Supply Side! Demand Stimulus Will Not Cure What Ails
Abstract The explosion of Covid-19 cases is looming in Germany. The German Society for Epidemiology has warned that the number of cases could soon overshoot the capacity of the healthcare system. This may be true even if Germany follows the ‘flatten-the-curve’- approach to reduce infection rates. A...
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Sciendo
2020-04-01
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Series: | Wirtschaftsdienst |
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Online Access: | https://doi.org/10.1007/s10273-020-2630-6 |
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author | Jan Philipp Fritsche Patrick Christian Harms |
author_facet | Jan Philipp Fritsche Patrick Christian Harms |
author_sort | Jan Philipp Fritsche |
collection | DOAJ |
description | Abstract The explosion of Covid-19 cases is looming in Germany. The German Society for Epidemiology has warned that the number of cases could soon overshoot the capacity of the healthcare system. This may be true even if Germany follows the ‘flatten-the-curve’- approach to reduce infection rates. A suppression of the virus remains the best solution for the crisis. Supply will suffer as long the virus persists. Until then, demand side measures will not cure the epidemic. Coordinated measures for business that ensure compliance and European debt instruments may be part of a strategy to solve the crisis. |
format | Article |
id | doaj-art-051f1ad64d4646308b1cd0c9c37c58da |
institution | Kabale University |
issn | 0043-6275 1613-978X |
language | deu |
publishDate | 2020-04-01 |
publisher | Sciendo |
record_format | Article |
series | Wirtschaftsdienst |
spelling | doaj-art-051f1ad64d4646308b1cd0c9c37c58da2025-02-02T10:26:44ZdeuSciendoWirtschaftsdienst0043-62751613-978X2020-04-01100426627110.1007/s10273-020-2630-6Fix the Supply Side! Demand Stimulus Will Not Cure What AilsJan Philipp Fritsche0Patrick Christian Harms1Makroökonomie, DIW BerlinWirtschafts- und Sozialwissenschaften, Universität HamburgAbstract The explosion of Covid-19 cases is looming in Germany. The German Society for Epidemiology has warned that the number of cases could soon overshoot the capacity of the healthcare system. This may be true even if Germany follows the ‘flatten-the-curve’- approach to reduce infection rates. A suppression of the virus remains the best solution for the crisis. Supply will suffer as long the virus persists. Until then, demand side measures will not cure the epidemic. Coordinated measures for business that ensure compliance and European debt instruments may be part of a strategy to solve the crisis.https://doi.org/10.1007/s10273-020-2630-6E50E60I10 |
spellingShingle | Jan Philipp Fritsche Patrick Christian Harms Fix the Supply Side! Demand Stimulus Will Not Cure What Ails Wirtschaftsdienst E50 E60 I10 |
title | Fix the Supply Side! Demand Stimulus Will Not Cure What Ails |
title_full | Fix the Supply Side! Demand Stimulus Will Not Cure What Ails |
title_fullStr | Fix the Supply Side! Demand Stimulus Will Not Cure What Ails |
title_full_unstemmed | Fix the Supply Side! Demand Stimulus Will Not Cure What Ails |
title_short | Fix the Supply Side! Demand Stimulus Will Not Cure What Ails |
title_sort | fix the supply side demand stimulus will not cure what ails |
topic | E50 E60 I10 |
url | https://doi.org/10.1007/s10273-020-2630-6 |
work_keys_str_mv | AT janphilippfritsche fixthesupplysidedemandstimuluswillnotcurewhatails AT patrickchristianharms fixthesupplysidedemandstimuluswillnotcurewhatails |