Bell, Brian; Bloom, Nicholas; Blundell, Jack - In: Quantitative economics : QE ; journal of the … 13 (2022) 4, pp. 1849-1878
dynamics from 1975 to 2020, with a particular focus on the most recent recession. We demonstrate that (log) earnings changes … observed in the Covid‐19 recession of 2020 are broadly as predicted using the previously estimated exposures and size of the …