explain not only the spread of the disease, but also cross-country spillovers in perceptions about coronavirus risk and in … social distancing behavior. In the early phases of the pandemic, perceptions of coronavirus risk in most countries are … adjustments. Unemployment responses vary widely across countries. Unemployment is particularly responsive to health shocks in the …

from the impact of the pandemic. In areas where firms adopted more IT the unemployment rate rose less in response to social … distancing. Our estimates imply that if the pandemic had hit the world 5 years ago, the resulting unemployment rate would have …

, vulnerability, and resilience of the local economy to the shock of the epidemic. Using a battery of proxies for these four concepts …