The Dutch economy during Covid-19 – The economic effects of the second wave

by: Nora Neuteboom , Pascal Golec , Sandra Phlippen

  • Not only lockdown measures hurt the economy, also the behavioural response of consumers towards the virus
  • As people self-isolate, they spend less physically in sectors that remained open during the lockdown
  • After the surge of the virus in mid-September, physical transactions have dropped
  • This could be due to the behaviour response of consumers toward the virus…
  • … but also because second-round effects come into play
201007-Economic-impact-of-the-virus_final.pdf (450 KB)