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How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data
Chetty, Raj - 2020
We build a publicly available platform that tracks economic activity at a granular level in real time using anonymized data from private companies. We report daily statistics on consumer spending, business revenues, employment rates, and other key indicators disaggregated by county, industry,...
Persistent link: https://www.econbiz.de/10012481626
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Whatever-It-Takes Policymaking during the Pandemic
Dominguez, Kathryn M.; Foschi, Andrea - National Bureau of Economic Research - 2024
Central banks across the globe introduced large-scale asset purchase programs to address the unprecedented circumstances experienced during the pandemic. Many of these programs were announced as open-ended to shock-and-awe market participants and restore confidence in financial markets. This...
Persistent link: https://www.econbiz.de/10014486207
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Partisan Impacts on the Economy : Evidence from Prediction Markets and Close Elections
Snowberg, Erik - 2006
Analyses of the effects of election outcomes on the economy have been hampered by the problem that economic outcomes … exogenous changes in expectations about the likely winner during Election Day. Analyzing high frequency financial fluctuations … following the release of flawed exit poll data on Election Day 2004, and then during the vote count, we find that markets …
Persistent link: https://www.econbiz.de/10012466596
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Gender and Electoral Incentives : Evidence from Crisis Response
Chauvin, Juan Pablo; Tricaud, Clemence - National Bureau of Economic Research - 2024
This paper provides new evidence on why men and women leaders make different choices. We first use a simple political agency model to illustrate how voters' gender bias can lead reelection-seeking female politicians to undertake different policies. We then test the model's predictions by...
Persistent link: https://www.econbiz.de/10014544689
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The 2021 Paycheck Protection Program Reboot : Loan Disbursement to Employer and Nonemployer Businesses in Minority Communities
Fairlie, Robert W.; Fossen, Frank M. - National Bureau of Economic Research - 2022
Was the $278 billion reboot of the $800 billion Paycheck Protection Program (PPP) in early 2021 disbursed equitably to minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the third and final round of the program, which was...
Persistent link: https://www.econbiz.de/10012938701
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The Intergenerational Mortality Tradeoff of COVID-19 Lockdown Policies
Ma, Lin; Shapira, Gil; De Walque, Damien; Đỗ-Quý-Toàn - National Bureau of Economic Research - 2021
In lower-income countries, the economic contractions that accompany lockdowns to contain the spread of COVID-19 can increase child mortality, counteracting the mortality reductions achieved by the lockdown. To formalize and quantify this effect, we build a macro-susceptible-infected-recovered...
Persistent link: https://www.econbiz.de/10012585409
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The Impact of the COVID-19 Pandemic and Policy Responses on Excess Mortality
Agrawal, Virat; Cantor, Jonathan H.; Sood, Neeraj; … - National Bureau of Economic Research - 2021
As a way of slowing COVID-19 transmission, many countries and U.S. states implemented shelter-in-place (SIP) policies. However, the effects of SIP policies on public health are a priori ambiguous as they might have unintended adverse effects on health. The effect of SIP policies on COVID-19...
Persistent link: https://www.econbiz.de/10012585414
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A Final Report Card on the States' Response to COVID-19
Kerpen, Phil; Moore, Stephen; Mulligan, Casey B. - National Bureau of Economic Research - 2022
Almost exactly two years ago COVID-19 spread to the United States. Following the federalism model, the 50 states and their governors and legislators made many of their own pandemic policy choices to mitigate the damage from the virus. States learned from one another over time about what policies...
Persistent link: https://www.econbiz.de/10013191023
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Researchers' Degrees-of-Flexibility and the Credibility of Difference-in-Differences Estimates : Evidence From the Pandemic Policy Evaluations
Weill, Joakim A.; Stigler, Matthieu; Deschênes, Olivier; … - National Bureau of Economic Research - 2021
The COVID-19 pandemic brought unprecedented policy responses and a large literature evaluating their impacts. This paper re-examines this literature and investigates the role of researchers' degrees-of-flexibility on the estimated effects of mobility-reducing policies on social-distancing...
Persistent link: https://www.econbiz.de/10012794578
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Disease, Downturns, and Wellbeing : Economic History and the Long-Run Impacts of COVID-19
Arthi, Vellore - 2020
How might COVID-19 affect human capital and wellbeing in the long run? The COVID-19 pandemic has already imposed a heavy human cost--taken together, this public health crisis and its attendant economic downturn appear poised to dwarf the scope, scale, and disruptiveness of most modern pandemics....
Persistent link: https://www.econbiz.de/10012481108