The Implications of COVID-19

Hosted by the LSEE Research on South Eastern Europe

CBG.1.02, Centre Building, LSE


Dr Aleksandra Nojkovic

Dr Aleksandra Nojkovic


Dr Vassilis Monastiriotis

Dr Vassilis Monastiriotis

This seminar presents the findings of a research project on the economic effects of the COVID-19 crisis. Dr Aleksandra Nojkovic will discuss the findings relating to the effects of various policy measures that were introduced to mitigate the economic effects of the crisis and will explore the determinants of excess mortality due to the pandemic and the political and medical determinants of differences in country experiences of mortality.

Dr Nojkovic will analyse the findings of two projects on the implications of COVID-19: the impact of  expansionary fiscal policies on economic activity and inflation and the determinants of the official mortality rate and the excess mortality rate during the COVID-19 pandemic, as well as the factors that influenced the relative difference between these two rates. The findings suggest that during the pandemic, stronger fiscal stimuli were associated with a smaller decline and a faster recovery of economic activity; but such policies contributed to higher inflation. Furthermore, based on the panel model estimates, it follows that a lower rate of excess mortality was achieved in countries that applied stricter epidemiological measures, had a higher vaccination rate, a better health system, better institutions, a younger population, and a higher degree of democracy. 

Meet our speaker, discussants and chair

Aleksandra Nojković is a Professor of Econometrics and Time series analysis at the University of Belgrade – Faculty of Economics. She is co-author of a few books and monographs in the field of theoretical and applied econometrics. She was a visiting fellow at the New York University, London School of Economics and Political Science (European Institute), and a visiting professor at Freie University Berlin (Institute for East European Studies). Aleksandra has extensive research and advisory experience, earned through engagement with the World Bank, ILO, European Commission, USAID, and other projects. She is a principal investigator in the ongoing Special research program on COVID-19 financed by the Science Fond of Republic of Serbia. 

Dr Vassilis Monastiriotis is Associate Professor in the Political Economy of South Eastern Europe at the LSE, and Director of LSEE.

The podcast is available here.

More about this event

LSEE (@LSEE_LSE ) was officially launched at the start of the 2009-10 academic year as a research unit established within LSE's European Institute. Over the last several years LSEE has developed the School's expertise on South East Europe, drawing on the strength of existing and new academic expertise at the LSE.

The twitter Hashtag for this event is: #LSECOVID19

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