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Current Research

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Economists from around the world are using real time data collection to better understand the impact the Covid-19 crisis is having on families, workers, firms and society, and how policies can help the recovery out of the crisis. Find out more about how these research teams are carrying out their projects, and what their findings are below.

The impact of Covid-19 on economic inequality and employment progression

The applicants have already collected novel survey data from a large representative sample of UK workers on 25th March 2020. We find large and significant differences in the impact of the economic disruption across workers of different income levels,...
Secondary Topic: Inequality & poverty
Lead investigator: Abigail Adams-Prassl
Countries

Where does work belong anymore? The impact of the Covid-19 pandemic on working in the UK

The Covid-19 outbreak has forced companies to embrace home-based working (HBW) at such speed that they have had little opportunity to consider the impact on their workers. It can be argued that the crisis has led to the most significant, intensive so...
Secondary Topic: Inequality & poverty
Lead investigator: Abigail Marks
Countries

Agreements must be kept? Residential leases during Covid-19

This paper studies how a Covid-19 lockdown affected residential lease payments. Survey data on 1511 Israeli renter households show nearly one in eight households not paying full rent during the lockdown, with these households holding back, on average...
Secondary Topic: Families & households
Lead investigator: Itai Ater
Countries

Corona, lockdown, local GDP and Individual well-being: a comparison of regions in New Zealand with machine learning forecasts

We study the impact of local economic prospects on the well-being of individuals in reaction to the Corona lockdown and thereafter. We expect that well-being is positively affected by the economic outlook in the local region, as approximated via AI-b...
Primary Topic: Health, physical & mental
Secondary Topic: Families & households
Lead investigator: Nora Szech
Countries

The economic effects of Covid-19 and credit constraints: evidence from Italian firms' expectations and plans

We investigate the economic effects of the Covid-19 pandemic and the role played by credit constraints in the transmission mechanism, using a novel survey of expectations and plans of Italian firms, taken just before and after the outbreak. Most firm...
Secondary Topic: Recession & recovery
Lead investigator: Pierluigi Balduzzi
Countries

Banks as bridges? firm funding during the Covid-19 cash crunch

We conduct face-to-face interviews with the Heads of Credit of over 400 banks in 35 countries in Emerging Europe, Asia and the Middle East to collect data on these banks’ Covid-19 policies. We cover whether banks temporarily deferred payments by ex...
Primary Topic: Business, big & small
Lead investigator: Cagatay Bircan

Using weekly financial and health diaries to track health and income effects of the Covid-19 outbreak and government response measures in rural Kenya

While the current number of Covid-19 cases is relatively limited in Kenya, the anticipation of Covid-19 arrives much earlier than any exponential growth of infections, and so do the measures in response to it. Even in the absence of Covid-19 cases, t...
Primary Topic: Health, physical & mental
Secondary Topic: Inequality & poverty
Lead investigator: Wendy Janssens
Countries

How the Covid-19 lockdown affected gender inequality in paid and unpaid work in Spain

The Covid-19 pandemic led many countries to close schools and declare lockdowns during the spring of 2020, with important impacts on the labor market. We document the effects of the Covid-19 lockdown in spain, which was hit early and hard by the pand...
Secondary Topic: Inequality & poverty
Lead investigator: Lidia Farre
Countries

The effect of the novel coronavirus (2019-nCoV) pandemic on risk and time preferences

We elicit incentivized measures of risk and time preferences in a sample of undergraduate students in Athens, Greece. While the original purpose of the study was to elicit a battery of psychological, behavioral and economic measures and traits that c...
Lead investigator: Andreas C. Drichoutis
Countries

Pro-sociality predicts health behaviors during the Covid-19 pandemic

Socially responsible behavior is crucial for slowing the spread of infectious diseases. However, economic and epidemiological models of disease transmission abstract from prosocial motivations as a driver of behaviors that impact the health of others...
Secondary Topic: Health, physical & mental
Lead investigator: Pol Campos-Mercade
Countries

The short run and long run effects of Covid-19 on children’s human capital and labor.

The Covid-19 crisis is likely to bring to the surface weaknesses in the education system of developing countries, with the poorest sections of the population being disproportionately adversely affected. With the social-distancing measures having clos...
Secondary Topic: Inequality & poverty
Lead investigator: Samreen Malik
Countries

Covid-19-induced economic sentiments spreads: evidence from the European union

According to the European Commission, In April 2020, the Economic Sentiment Indicator (ESI) crashed in both the euro area (?27.2 points down to 67.0) and the European Union (EU)(?28.8 down to 65.8 points). This was the strongest monthly decline in th...
Secondary Topic: Recession & recovery
Lead investigator: Marta Gómez-Puig