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starts with calendar week 10 and extends to calendar week 17 , which permits us to check for treatment results of border controls. Based on PPML methods and a Bayesian INLA approach we discover that border controls had a big effect to restrict the pandemic. This paper uses administrative, survey, and on-line vacancy information to investigate the brief-term labor market impacts of the COVID-19 lockdown in Greece. We find that flows into unemployment have not increased; in fact, separations had been decrease than would have been anticipated given trends in recent times. At the identical time, employment was about 12 p.c decrease at the finish of June than it would have been with out the pandemic. The interrupted time collection and difference-in-variations estimates indicate that this was as a result of a dramatic slowdown in hiring throughout months when job creation usually peaks in regular years, principally in tourism. While we don’t formally take a look at the reasons for these patterns, our analysis suggests that the measures launched to mitigate the consequences of the disaster in Greece have played an necessary position. These measures prohibited layoffs in industries affected by the crisis and tied the most important type of revenue help to the maintenance of employment relationships. This observe evaluates the expected economic toll of the Covid-19 pandemic in the

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