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A central question for understanding behaviour during the Covid-19 pandemic, at both the individual and collective levels, is how people perceive the health and economic risks they face. We conducted a survey of over 1,500 Americans from May 6 – 13, 2020, to understand these risk perceptions....
Persistent link: https://www.econbiz.de/10012825552
Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...
Persistent link: https://www.econbiz.de/10012825688
In recent US recessions, employment losses have been much larger for men than for women. Yet, in the current recession … causes and consequences of this phenomenon. We argue that women have experienced sharp employment losses both because their … employment is concentrated in heavily affected sectors such as restaurants, and due to increased childcare needs caused by school …
Persistent link: https://www.econbiz.de/10012826120
New technology promises to expand the supply of financial services to borrowers poorly served by the banking system. Does it succeed? We study the response of FinTech to financial services demand created by the introduction of the Paycheck Protection Program (PPP). We find that FinTech is...
Persistent link: https://www.econbiz.de/10012826130
During the COVID-19 pandemic, states issued and then rescinded stay-at-home orders that restricted mobility. We develop a model of learning by deregulation, which predicts that lifting stay-at-home orders can signal that going out has become safer. Using restaurant activity data, we find that...
Persistent link: https://www.econbiz.de/10012826131
We use Norwegian administrative data and applications for emergency government support to simulate magnitude and distribution of business revenue shock due to the Covid-19 pandemic. We rely on it to analyze the impact of business support policies available in Norway and the United States by...
Persistent link: https://www.econbiz.de/10012826132
Policymakers, faced with different options for replacing lost earnings, have had limited evidence to inform their decisions. The current economic crisis has highlighted the need for data that are local and timely so that different fiscal policy options on local economies can be more immediately...
Persistent link: https://www.econbiz.de/10012826133
This paper documents how the COVID-19 pandemic in the U.S. affected birth rates. We review the economics of fertility, describing the evidence that would predict a COVID baby bust. We then use Vital Statistics birth data to estimate the size of that bust and its rebound, for the country as a...
Persistent link: https://www.econbiz.de/10013288980
The impact of the pandemic on the employment, labor supply, and caregiving of women is assessed. Compared with previous … recessions, that induced by COVID-19 impacted women’s employment and labor force participation more relative to men. But the big …” occupations and establishments experienced large reductions in employment. Black women were more negatively impacted beyond other …
Persistent link: https://www.econbiz.de/10013291681
-19 pandemic, aimed to assist small businesses to maintain employment and wages during the crisis. We use high … on the evolution of employment at PPP-eligible firms relative to PPP-ineligible firms, where eligibility is determined by … industry-specific firm-size cutoffs. We estimate that the PPP boosted employment at eligible firms by between 2 percent to 5 …
Persistent link: https://www.econbiz.de/10013291682