Economies all over the world are feeling the economic and fiscal pressure brought about by the outbreak of COVID-19 and the preventative measures taken to slow its spread.
REMI CEO and Chief Economist Frederick Treyz, Ph.D. will be hosting a special REMI webinar, “REMI on Modeling the Economic Impacts of the COVID-19 Pandemic,” on Tuesday, March 31st from 2:00 to 3:00 p.m. (ET) that covers the variety of disruptive effects expected from COVID-19 on the United States economy.
This presentation is designed to calculate the full economic impact of a pandemic by identifying the key types of disruptions associated with an outbreak and explaining how to model each of them. The severity of this pandemic will differ from region to region, but this webinar will put together a baseline for modeling the various economic changes we are already witnessing in real time.
Dr. Treyz will evaluate the impacts of a wide variety of disruptive effects, including increased absenteeism, changes in consumer spending patterns, supply chain disruptions, declines in global demand, and an increased mortality rate.
The methodological approaches to modeling each of these factors will be carefully detailed during my webinar presentation. Dr. Treyz will also explain how businesses and the U.S. economy could potentially respond to continued closures and travel restrictions.