Trust in government is particularly important in implementing public health policies especially during crises such as the COVID-19 pandemic. This study investigates the effects of trust in government and compliance with stay at home orders using data from American states during the first wave of...

Real rigidities are an important feature of modern sticky price models and are policyrelevant because of their welfare consequences, but cannot be structurally identified from time series. I evaluate the plausibility of capital specificity as a source of real rigidities using a two-dimensional...