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COVID-19 and the Importance of Testing

Using only the number of confirmed COVID-19 cases does not help us understand the scope of the pandemic.
On the Economy

The Impact of COVID-19 on Labor Markets across the U.S.

On the Economy

How will COVID-19 Affect Financial Assets, Delinquency and Bankruptcy?

Communities with greater financial distress will face larger income shocks caused by COVID-19 and are less prepared to weather them, while also being more likely to go into further financial distress as the pandemic continues.
On the Economy

How to Achieve a V-Shaped Recovery amid the COVID-19 Pandemic

Contrasting the Great Depression and Great Recession recoveries helps show how GDP levels and growth rates can respond to different levels of policy responses.
On the Economy

Social Distancing, but Mostly during the Workweek?

Analyzing a new index from the Dallas Fed shows that a key component of social distancing—staying at home—seems to be happening nationally during the week but not as much on the weekends.
On the Economy

How the Impact of Social Distancing Ripples through the Economy

Social distancing directly hurts industries that rely on face-to-face contact. But the spillover effect is even affecting industries less dependent on such contact.
On the Economy

Working Paper
Measuring Movement and Social Contact with Smartphone Data: A Real-Time Application to COVID-19

Tracking human activity in real time and at fine spatial scale is particularly valuable during episodes such as the COVID-19 pandemic. In this paper, we discuss the suitability of smartphone data for quantifying movement and social contact. We show that these data cover broad sections of the US population and exhibit movement patterns similar to conventional survey data. We develop and make publicly available a location exposure index that summarizes county-to-county movements and a device exposure index that quantifies social contact within venues. We use these indices to document how ...
Opportunity and Inclusive Growth Institute Working Papers , Paper 35

Protectionism and Dependence on Imports of Essential Medical Equipment

The COVID-19 global pandemic has led to a surge in protectionism, which poses challenges to countries dependent on imports of essential medical equipment.
On the Economy

Journal Article
The Coronavirus and the Economy

Econ Focus , Issue 1Q , Pages 3-6

Back-of-the-Envelope Estimates of Next Quarter’s Unemployment Rate

Layoffs are certainly one of the effects of battling COVID-19. What sort of unemployment rate might we see in the second quarter of 2020?
On the Economy

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