Do vaccine mandates help or hinder recovery? In the case of the US, both, according to Goldman:
Last week, President Biden announced vaccine requirements for 100mnworkers, with mandates for all federal employees and most healthcare workers, and a vaccine or testing requirement for all workers at large private firms with100+ employees.
We estimate that the requirements will apply to about 25mn currently unvaccinated individuals, and boost the number of vaccinated individuals by12mn (or 3.6% of the total population) through March next year, based on surveys and France’s experience with vaccine requirements. We now expect 82% of the total population (and 90% of adults) to be vaccinated with a first dose by mid-2022.
