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High frequency data and a weekly economic index during the pandemic

Lewis, Daniel J.; Mertens, Karel; Stock, James H.; … - 2020

This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the onset of and policy response to the novel coronavirus in the United States. The WEI, with its ten component series, tracks the overall economy. Comparing the contributions of...

Persistent link: https://www.econbiz.de/10012391505

The spread of COVID-19 and the BCG vaccine : a natural experiment in reunified Germany

Bluhm, Richard; Pinkovskiy, Maxim - 2020

canonical SIR model of the epidemic in each German county, allowing infections to spread along commuting patterns. We find that …

Persistent link: https://www.econbiz.de/10012224318

The effect of the central bank liquidity support during pandemics : evidence from the 1918 influenza pandemic

Anderson, Haelim Park; Chang, Jin Wook; Copeland, Adam - 2020

The coronavirus outbreak raises the question of how central bank liquidity support affects financial stability and promotes economic recovery. Using newly assembled data on cross-county flu mortality rates and state-charter bank balance sheets in New York State, we investigate the effects of the...

Persistent link: https://www.econbiz.de/10012224329

Pandemics change cities : municipal spending and voter extremism in Germany, 1918-1933

Brickle, Kristian - 2020 - Revised June 2020

This paper uses several historical data-sets from Germany to show that influenza mortality in 1918-1920 was correlated with (i) lower per-capita spending, especially on services consumed by the young, in the following decade and (ii) the share of votes received by extremist parties in 1932 and...

Persistent link: https://www.econbiz.de/10012211163

Measuring real activity using a weekly economic index

Lewis, Daniel J.; Mertens, Karel; Stock, James H.; … - 2020 - Revised September 2020

This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the onset of and policy response to the novel coronavirus in the United States. The WEI is a weekly composite index of real economic activity, with eight of ten series available...

Persistent link: https://www.econbiz.de/10012200037

The Affordable Care Act and the COVID-19 pandemic: a regression discontinuity analysis

Chakrabarti, Rajashri; Meyerson, Lindsay; Nober, William; … - 2020

Did Medicaid expansion under the Affordable Care Act affect the course of the COVID-19 pandemic? We answer this question using a regression discontinuity design for counties near the borders of states that expanded Medicaid with states that did not. Relevant covariates change continuously across...

Persistent link: https://www.econbiz.de/10012319274

How economic crises affect inflation beliefs: evidence from the COVID-19 pandemic

Armantier, Olivier; Koşar, Gizem; Pomerantz, Rachel; … - 2020

This paper studies how inflation beliefs reported in the New York Fed’s Survey of Consumer Expectations have evolved since the start of the COVID-19 pandemic. We find that household inflation expectations responded slowly and mostly at the short-term horizon. In contrast, the data reveal...

Persistent link: https://www.econbiz.de/10012319281

Africa is on time

Pinkovskiy, Maxim; Sala-i-Martin, Xavier - 2014

income distributions and national accounts GDP, we estimate income distributions, poverty rates, and inequality indices for … African countries for the period 1990-2011. Our findings are as follows. First, African poverty is falling rapidly. Second …, the African countries for which good inequality data exist are set to reach the Millennium Development Goal (MDG) poverty …

Persistent link: https://www.econbiz.de/10010404573

Inequality within countries is falling : underreporting robust estimates of world poverty, inequality, and the global distribution of income

Pinkovskiy, Maxim; Sala-i-Martin, Xavier; … - 2024

global poverty and inequality have declined dramatically between 1980 and 2019. Finally, we find that within …

Persistent link: https://www.econbiz.de/10015069787

Lights, camera...income! : estimating poverty using national accounts, survey means, and lights

Pinkovskiy, Maxim; Sala-i-Martin, Xavier - 2014

true income per capita and $1-a-day poverty rates for the developing world and its regions. We obtain poverty estimates … survey-based poverty literature more generally. …

Persistent link: https://www.econbiz.de/10010393216