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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Main Authors: Jan Philipp Fritsche, Patrick Christian Harms
Format: Article
Language:deu
Published: Sciendo 2020-04-01
Series:Wirtschaftsdienst
Subjects:
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
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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
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