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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.

Disasters and defaults

How does the risk of a disaster, such as a climate disaster or an epidemic, affect the default risk of a sovereign country and its ability to issue debt? To analyze this question, we introduce disaster risk into a small open economy model with endoge...
Primary Topic: Recession & recovery
Secondary Topic: Prices & interest rates
Lead investigator: Toan Phan

Determinants of the community mobility during the Covid-19 epidemic: the role of government regulations and information

As countries around the world are adopting drastic social distancing measures to slow down the spread of the novel coronavirus (Covid-19), the question of an optimal balance between the benefits and costs of these policies has received a lot of atten...
Lead investigator: Silvia Mendolia

Attitudes, behaviours and sources of information among social media users towards Covid-19: a cross-cultural explanatory study

Researchers, policymakers and societies alike are increasingly discussing the New Coronavirus situation. The European Commission, national governments and private foundations are investing large amounts of money for research, focusing on finding the ...
Lead investigator: Yash Chawla

Interlinkages between sustainable development goals and Covid related disaster risk

We identify the key interlinkages (trade-offs and synergies) between the Sustainable Development Goals and the Sendai framework for Covid related disaster risk to analyze the impact of these SDG interlinkages in responding effectively to the Covid-19...
Primary Topic: Recession & recovery
Secondary Topic: Nations, regions & cities
Lead investigator: Ranjula Bali Swain

Macroeconomic effects of the Covid-19 supply shock: evidence from a global country sample and a GVAR model

Given that the Global Vector Autoregressive (GVAR) method, proposed by Pesaran et al. (2004), provides a practical approach to model the world economy, we study the effects on the macroeconomic determinants of a large number of economies around the g...
Primary Topic: Recession & recovery
Lead investigator: Nicholas Apergis

Online auction markets in the aftermath of Covid-19

An economically relevant implication of cities lockdowns, perhaps the most popular government policy enacted to limit Covid-19 virus contagion, is putting a stop to retail markets and parallelly boost online ones. In this paper we leverage rich data ...
Primary Topic: Business, big & small
Secondary Topic: Prices & interest rates
Lead investigator: Francisco Alvarez-Gonzalez

Covid disruptions and resilience of retail food prices around the world

This project will use new price indexes to conduct nearly real-time monitoring of retail prices by food group and nutrient composition, measuring month-to-month changes in the cost and affordability of nutritious diets in various countries around the...
Primary Topic: Prices & interest rates
Lead investigator: William A. Masters

The shadow economy during Covid-19: effects of the pandemic on dark web marketplaces

The shadow economy is a substantial part of economic activity in normal times. During the current global pandemic, governments have imposed very severe regulations on labour, movement, goods and service markets. Therefore, we would expect that some e...
Lead investigator: Abeer Yehia

Pro-sociality, altruism, and physical distancing: cultural dimensions of resiliency to Covid-19 pandemic shock

Resiliency in the face of international threats such as climate change or pandemics requires coordination and, at least short-term, self-sacrifice. Related to this, nations differ in their propensities for individualism, altruism, and collectivism. I...
Lead investigator: Timothy MacNeill

The global Covid-19 student survey

The global Covid-19 student survey aims to gauge university students’ reactions to the current Covid-19 pandemic and their expectations about the future, particularly as they enter the job market. The survey aims to document how students’ studies...
Secondary Topic: Jobs, work, pay & benefits
Lead investigator: David A. Jaegar