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The Pandemic Economic Crisis, Precautionary Behavior, and Mobility Constraints : An Application of the Dynamic Disequilibrium Model with Randomness

Stiglitz, Joseph E. - 2020

may face unemployment. Multipliers associated with different government expenditure programs differ markedly. The paper … describes policies that can mitigate precautionary behavior, leading to reduced unemployment. Greater wage flexibility may lead … to increased unemployment …

Persistent link: https://www.econbiz.de/10012482212

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

Skill Depreciation during Unemployment : Evidence from Panel Data

Cohen, Jonathan P.; Johnston, Andrew; Lindner, Attila - National Bureau of Economic Research - 2023

workers are unemployed. Both the reemployment hazard rate and reemployment earnings steadily fall with unemployment duration …

Persistent link: https://www.econbiz.de/10014250138

US Unemployment Insurance Replacement Rates During the Pandemic

Ganong, Peter - 2020

We use micro data on earnings together with the details of each state's unemployment insurance (UI) system to compute … the distribution of UI benefits after the uniform $600 Federal Pandemic Unemployment Compensation (FPUC) supplement … implemented by the CARES Act. We find that between April and July 2020, 76% of workers eligible for regular Unemployment …

Persistent link: https://www.econbiz.de/10012481799

Heterogeneity in Damages from A Pandemic

Finkelstein, Amy; Kocks, Geoffrey; Polyakova, Maria; … - National Bureau of Economic Research - 2022

We use linked survey and administrative data to document and decompose the striking differences across demographic groups in both economic and health impacts of the first year of the COVID-19 pandemic in the United States. The impacts of the pandemic on all-cause mortality and on employment were...

Persistent link: https://www.econbiz.de/10013462706

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

Does Disease Cause Vaccination? Disease Outbreaks and Vaccination Response

Oster, Emily - 2016

Childhood vaccinations are an important input to disease prevention, but vaccination rates have declined over the last decade due largely to parental fears about vaccine dangers. Education campaigns on the safety of vaccines seem to have little impact. Anecdotal evidence on disease outbreaks...

Persistent link: https://www.econbiz.de/10012456213

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

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

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