Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs)—policies that … and NPIs adopted by 50 large US cities during the 1918 flu pandemic. Difference-in-differences estimates show that cities … adopting longer NPIs did not experience a decline in patenting during the pandemic relative to short-NPI cities, and recorded …

There is growing concern that the COVID-19 pandemic may have severe, adverse effects on the health care sector, a … aspect of this issue by estimating the magnitude of the COVID-19 pandemic on use of outpatient health services. We use 2010 … pandemic is associated with about a 67 percent decline in the total number of outpatient visits per provider by the week of …

I use a simple SIR model, augmented to include deaths, to elucidate how pandemic progression is affected by the control … the pandemic, and the possibility and impact of a second wave. Reducing R0 reduces the number of deaths, but extends the … duration (and hence economic cost) of the pandemic, and it increases the fraction of the population still susceptible at the …

The Covid-19 pandemic has motivated a myriad of studies and proposals on how economic policy should respond to this …

epidemic diseases raised in their quarterly earnings conference calls. We construct text-based measures of the costs, benefits …, and risks listed firms in the US and over 80 other countries associate with the spread of Covid-19 and other epidemic … diseases. We identify which firms and sectors expect to lose/gain from a given epidemic and which are most affected by the …

that are not tested under current guidelines), is not well estimated in the literature because tests for the coronavirus …

over the next 12-18 months. An SIR model is a Markov model of the spread of an epidemic in a population in which the total … recovered (or dead) and no longer contagious (R). How an epidemic plays out over time is determined by the transition rates …

How might COVID-19 affect human capital and wellbeing in the long run? The COVID-19 pandemic has already imposed a … crises offer closer analogues to COVID-19 in each of its key dimensions—as a global pandemic, as a global recession—and offer … Pandemic) and historical recessions (with a focus on the Great Depression). We conclude by discussing how past crises can …