KEY ECONOMIC FINDINGS ABOUT COVID-19

Rigorous insights into the ongoing economic implications of the COVID-19 pandemic.

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Research

BFI Working Paper Oct 19, 2020

Poverty and Economic Dislocation Reduce Compliance with COVID-19 Shelter-in-Place Protocols

Austin Wright, Konstantin Sonin, Jesse Driscoll, Jarnickae Wilson
BFI Working Paper Oct 16, 2020

Stock Prices, Lockdowns, and Economic Activity in the Time of Coronavirus

Steven J. Davis, Dingqian Liu, Xuguang Simon Sheng
BFI Working Paper Oct 13, 2020

Did the Paycheck Protection Program Hit the Target?

Joao Granja, Christos Makridis, Constantine Yannelis, Eric Zwick
BFI Working Paper Oct 12, 2020

Powering Work From Home

Steve Cicala
BFI Working Paper Oct 6, 2020

The Political Economics of Non-democracy

Georgy Egorov, Konstantin Sonin
BFI Working Paper Sep 30, 2020

Temporary Unemployment and Labor Market Dynamics During the COVID-19 Recession

Jessica Gallant, Kory Kroft, Fabian Lange, Matthew J. Notowidigdo
BFI Working Paper Sep 30, 2020

Macroeconomic Dynamics and Reallocation in an Epidemic: Evaluating the “Swedish Solution”

Dirk Krüger, Harald Uhlig, Taojun Xie
BFI Working Paper Sep 29, 2020

Private Equity and COVID-19

Paul A. Gompers, Steven Neil Kaplan, Vladimir Mukharlyamov
BFI Working Paper Sep 21, 2020

Venture Capitalists and COVID-19

Paul Gompers, Will Gornall, Steven Neil Kaplan, Ilya A . Strebulaev

Insights

Podcast episode Oct 22, 2020

Deep Dive Series – Is the Future Cashless?

Eduardo Porter, Tess Vigeland, Fernando Alvarez, Raghuram Rajan
When COVID lockdowns started, the use of cash plummeted. But the pandemic only accelerated a...
Insight Oct 12, 2020

We’re public health experts. We need to do a better job of talking to conservatives.

Washington Post; Lindsey J. Leininger, Harold Pollack
Topics:  COVID-19
Podcast episode Oct 8, 2020

Deep Dive Series – The Health Care Conundrum, Part 2

Eduardo Porter, Tess Vigeland, Katherine Baicker, Stacy Lindau, Neale Mahoney, David Meltzer, Kenneth Polonsky
The US pays roughly twice as much per person for healthcare as other wealthy nations....
Topics:  COVID-19, Health care
Podcast episode Sep 24, 2020

Deep Dive Series – The Health Care Conundrum, Part 1

Eduardo Porter, Tess Vigeland, Katherine Baicker, Pietro Tebaldi
The global pandemic has revealed critical gaps and weaknesses in the US health care system....
Topics:  COVID-19, Health care
Podcast episode Sep 11, 2020

Deep Dive Series – Climate vs. Development: The Global Dilemma

Eduardo Porter, Tess Vigeland, Michael Greenstone, Amir Jina
How you experience the global energy crisis and climate change depends in large part on...
Topics:  Energy & Environment
Research Brief

The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the US

The COVID-19 pandemic has fueled a global health and economic crisis of unprecedented severity. Six months into the pandemic, the death toll in the US is approaching 200,000 and, despite massive fiscal stimulus, the country faces its deepest economic contraction in modern history. Since person-to-person contact is essential for a substantial fraction of the US economy to function, and since such close contact allows the virus to spread easily, both fatalities and economic losses are unavoidable.
Topics:  COVID-19
Podcast episode Aug 27, 2020

Episode 20: Can COVID Change the Climate?

Eduardo Porter, Tess Vigeland, Michael Greenstone
COVID-19 has prompted a significant decline in carbon emissions, accompanied by extraordinary economic cost. Professor...
Topics:  COVID-19, Energy & Environment
Podcast episode Aug 20, 2020

Episode 19: Uncovering the Politics of Mask Usage

Eduardo Porter, Tess Vigeland, Austin Wright
What does the 2016 election tell us about mask use in America? Quite a lot....
Topics:  COVID-19

In the Media

Media Mention Oct 30, 2020

With No Commute, Americans Simply Worked More During Coronavirus

Wall Street Journal; Steven Davis
Media Mention Oct 28, 2020

Business travel may never fully recover from Covid: report

Crain's Chicago Business; Steven J. Davis
Media Mention Oct 23, 2020

Former US Fed governor warns global economy faces a ‘long slog ahead’

Yahoo! Finance; Randall Kroszner
Media Mention Oct 22, 2020

America and the Virus: ‘A Colossal Failure of Leadership’

New York Times; Leonardo Bursztyn
Media Mention Oct 21, 2020

When Milton Friedman, prophet of profit, met a pandemic

Financial Times; Raghuram Rajan
Media Mention Oct 19, 2020

The pandemic is destroying energy efficiency

AXIOS; Steve Cicala
Media Mention Oct 19, 2020

Desperate for a stimulus check, millions of jobless Americans have nearly exhausted their savings

Marketwatch; Peter Ganong, Pascal Noel, Joseph Vavra
Media Mention Oct 19, 2020

The Economy Won’t Be Back To Normal Until 2022 Or Later, According To Our Survey Of Economists

FiveThirtyEight; Chicago Booth IGM Economic Experts Panel