We develop a detailed epidemiological multi-factor model, the K-Susceptible-Exposed-Infected-Removed (K-SEIR) model, as well as several simpler sub-models, as its building blocks. The general model enables us to account for all the relevant COVID-19 features, its disparate impact on different...

Many quantitative firms have suffered substantial losses as a result of the COVID-19 selloff. In this note, we highlight three lessons that quantitative researchers could learn from this crisis. First, researchers should develop more nowcasting methods, and pay less attention to forecasts....