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Stock prices and workplace mobility trace out striking clockwise paths in daily data from mid-February to late May 2020 …. Global stock prices fell 30 percent from 17 February to 12 March, before mobility declined. Over the next 11 days, stocks … fell another 10 percentage points as mobility dropped 40 percent. From 23 March to 9 April, stocks recovered half their …
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Covid-19 and the measures taken to contain it have led to unprecedented constraints on work and leisure activities, across the world. This paper uses nationally representative surveys to document how people of different ages and incomes have been affected across six countries (China, South...
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