This paper studies the impulse responses of output and private consumption to the COVID-19 stimulus packages in the U.S. I develop a Structural Vector Autoregression (SVAR) to calculate the orthogonalized impulse response functions (OIRFs) of output and private consumption to a government...

This paper investigates the state-level differences in government and community responses to the Covid-19 pandemic, leading to different growth trajectories of Covid-19 cases and their connectedness across the U.S. states. Our regression analysis shows that higher growth trajectories are...

This paper identifies robust determinants of US stock price movements in the economic shadow of the COVID-19 crisis and in the presence of model uncertainty, using several influential factors highlighted in relevant research. Our investigation performs an extreme bounds analysis (EBA), a global...

Using county-level data on COVID-19 mortality and infections, along with county-level information on the adoption of non-pharmaceutical interventions (NPIs) in the United States, we examine how the speed of NPI adoption affected COVID-19 mortality. Our estimates suggest that advancing the date...