This paper documents two COVID-related risks, viral risk and employment risk, and their distributions across the … Canadian population. The measurement of viral risk is based on the VSE COVID Risk/Reward Assessment Tool, created to assist … women are more concentrated in high viral risk occupations and that this is the source of their greater employment loss over …

macroeconomic risk originating from microeconomic shocks, and models of financial interactions. Under the assumption that shocks are … literature on the role of network linkages in fostering systemic risk …

We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an …

In this paper we: (i) provide a model of the endogenous risk intolerance and severe aggregate demand contractions … addressing these contractions. The key mechanism stems from heterogeneous risk tolerance: as a recessionary shock hits the … economy and brings down asset prices, risk-tolerant agents' wealth share declines and their leverage rises endogenously. This …

May 6 – 13, 2020, to understand these risk perceptions. Here we report some preliminary results. Our most striking finding …

risk, a value that GNI fails to capture. In this paper we use findings from that literature to generate an estimate of …

adoption of a SIPO, a result robust to controls for county-level heterogeneity in outbreak timing, coronavirus testing, and …

aid to firms at risk of bankruptcy. While this policy prevents more bankruptcies and has lower fiscal cost, it only enjoys …