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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.

Debt sharing after Covid-19: how the direct involvement of EU institutions impacts the recovery path of a member state.

The substantial risk to public health posed by the emergence of Covid-19 has resulted in many European Governments taking unprecedented action to arrest the spread of the virus. Administrative closures across a number of economies has resulted in a c...
Primary Topic: Recession & recovery
Secondary Topic: Prices & interest rates
Lead investigator: Kieran McQuinn
Countries

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

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

Epidemics, trade and containment policies

The unprecedented spread of Covid-19 has severely disrupted the global economy. This project intends to incorporate the canonical epidemiology mechanism into a two-country dynamic Melitz model to investigate quantitatively how health shock affects th...
Primary Topic: Recession & recovery
Secondary Topic: Trade & supply chains
Lead investigator: Kang Shi
Countries

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