We identify a novel dimension of monetary policy from high-frequency changes in asset prices around ECB policy events, orthogonal to surprises extracted from risk-free interest rates. We find that it is present in policy events that were interpreted by real-time market commentaries as containing...

We find that, when officials relax school attendance policy as a prophylactic measure against an epidemic, students of higher early high school performance take more absences, while students of lower early high school performance keep going to school. Early high school performance is positively...

School shutdown due to the global pandemic of coronavirus disease 2019 (COVID-19) can lead to an increase in education inequality through disproportionately affecting disadvantaged children. We use data from a unique survey of 7,330 junior high school students and their parents from Shaanxi to...

This report focuses on the COVID-19 pandemic in the Kalamazoo Public Schools District in Kalamazoo, Michigan, which closed its doors to students from mid-March 2020 to June 2021. During this time, instruction transitioned from face-to-face to virtual, with students having three options for...

This study uses the Progress in International Reading Literacy Study (PIRLS) data, the only cross-national data having measured educational achievement during the COVID-19 pandemic, to investigate educational achievement decline of fourth graders across 21 European countries between 2016 and...

Using administrative data on all higher education institutions in Mexico, we estimate the effect of the COVID-19 pandemic on new entry, enrollment, and, graduation outcome. The analysis is conducted by area of study and gender. We explore heterogeneous effects by delivery format, funding source,...