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Studying the consequences of job loss can help us understand the extent to which labour markets efficiently reallocate unemployed workers to new jobs. Using a dataset that combines administrative records from seven countries with diverse labour market institutions, this column finds that the consequences of losing one’s job vary across countries. Workers in Denmark and Sweden
A groundbreaking new study commissioned by Revolver News concludes that COVID-19 lockdowns are ten times more deadly than the actual COVID-19 virus in terms of years of life lost by American citizens. Up until this point there had been no simple, rigorous analysis that accurately and definitively conveys the true costs of the COVID-19 lockdowns. Accordingly, Revolver News set out to commission a study to do precisely that: to finally quantify the net damage of the lockdowns in terms of a metric known as "life-years." Simply put, we have drawn upon existing economic studies on the health eff...