This paper looks at data on how the scheme has been used, the state of the broader labor market, and experience in selected other advanced economies to evaluate the furlough scheme’s effectiveness and suggest what type of support should remain beyond the 30 September deadline. In addition, we...

The COVID-19 pandemic has elevated both the risk and volatility of energy companies. Can mass vaccinations restore stability within this sector? To answer this question, we investigate stock market data from fifty-eight countries from January 2020 to April 2021. We document that vaccination...

We consider several economic uncertainty indicators for the United States and the UK before and during the COVID-19 pandemic: implied stock market volatility, newspaper-based economic policy uncertainty, twitter chatter about economic uncertainty, subjective uncertainty about future business...