In this paper we analyze the dynamics among past major pandemics, economic growth, inequality, and social unrest. We … increase in social unrest by reducing output and increasing inequality. We also find that higher social unrest, in turn, is … associated with lower ourput and higher inequality, pointing to a vicious cycle. Our results suggest that without policy measures …

We build a Susceptible-Infected-Vaccinated Economic two-sector growth model to study the evolution of inequality in an … long-run inequality depends on the economic variable we use to build our inequality measure, on the infectiousness of the … disease, and on whether we address individual or group measures of inequality. Under our calibration, if the share of …

effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … the impact of the shock on individuals’ economic choices. Wealth shocks are large across the population, but more … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …