A sizable literature documents that displaced workers suffer substantial negative consequences in the labor market and health. These effects may extend to the partner or spouse through household decision-making. Using administrative data of all workers and firms matched to mortality and patient...

Investment funds are highly connected with each other, but also with the broader financial system. In this paper, we quantify potential vulnerabilities arising from funds' connectedness. While previous work exclusively focused on indirect connections (overlapping asset portfolios) between...