Fear, lockdown, and diversion: Comparing drivers of pandemic economic decline 2020 [0.03%]
恐慌、封锁与转移:比较2020年疫情经济下滑的原因
Austan Goolsbee,Chad Syverson
Austan Goolsbee
The collapse of economic activity in 2020 from COVID-19 has been immense. An important question is how much of that collapse resulted from government-imposed restrictions versus people voluntarily choosing to stay home to avoid infection. T...
The heterogeneous and regressive consequences of COVID-19: Evidence from high quality panel data [0.03%]
新冠疫情的异质性和回归性后果:来自高质量面板数据的证据
Thomas F Crossley,Paul Fisher,Hamish Low
Thomas F Crossley
Using new data from the first two waves of the Understanding Society COVID-19 Study collected in April and in May 2020 in the UK, we study the labour market shocks that individuals experienced in the first wave of the pandemic, and the step...
John M Barrios,Efraim Benmelech,Yael V Hochberg et al.
John M Barrios et al.
Using mobile phone and survey data, we show that during the early phases of COVID-19, voluntary social distancing was greater in areas with higher civic capital and amongst individuals exhibiting a higher sense of civic duty. This effect is...
Olivier Bargain,Ulugbek Aminjonov
Olivier Bargain
While degraded trust and cohesion within a country are often shown to have large socio-economic impacts, they can also have dramatic consequences when compliance is required for collective survival. We illustrate this point in the context o...
How can Bill and Melinda Gates increase other people's donations to fund public goods? [0.03%]
比尔和梅琳达·盖茨如何才能提高他人捐赠公共产品的款项?
Dean Karlan,John A List
Dean Karlan
We conducted a fundraising experiment with an international development nonprofit organization in which a matching grant offered by the Bill and Melinda Gates Foundation raised more funds than one from an anonymous donor. The effect is stro...
Peter Ganong,Pascal Noel,Joseph Vavra
Peter Ganong
We use micro data on earnings together with the details of each state's unemployment insurance (UI) system to compute the distribution of UI benefits after the uniform $600 Federal Pandemic Unemployment Compensation (FPUC) supplement implem...
Real-time price indices: Inflation spike and falling product variety during the Great Lockdown [0.03%]
实时价格指数:“大封锁”时期的通货膨胀和产品种类下降问题
Xavier Jaravel,Martin OConnell
Xavier Jaravel
We characterize inflation dynamics during the Great Lockdown using scanner data covering millions of transactions for fast-moving consumer goods in the United Kingdom. We show that there was a significant and widespread spike in inflation. ...
Kenneth A Couch,Robert W Fairlie,Huanan Xu
Kenneth A Couch
This paper provides early evidence of the impacts of the COVID-19 pandemic on minority unemployment in the United States. In the first month following March adoptions of social distancing measures by states, unemployment rose to 14.5% but a...
Dave Altig,Scott Baker,Jose Maria Barrero et al.
Dave Altig et al.
We consider several economic uncertainty indicators for the US and UK before and during the COVID-19 pandemic: implied stock market volatility, newspaper-based policy uncertainty, Twitter chatter about economic uncertainty, subjective uncer...