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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.

Daily monitoring of economic activity in North America by electricity consumption

Amid the Covid-19 outbreak, governments across the globe mandated lockdowns that brought economic activity to an abrupt halt. In normal times, to gauge about the level of economic activity, policymakers consider an extensive set of macroeconomic data...
Primary Topic: Recession & recovery
Secondary Topic: Jobs, work, pay & benefits
Lead investigator: Tatjana Dahlhaus
Countries

Tracking the economic impact of Covid-19 in Europe and the United States

We use high-frequency indicators available with little or no delay to obtain estimates of the economic impact of Covid-19 in Europe and the United States. We highlight the following findings. (1) Energy usage in Europe suggest that GDP has declined b...
Primary Topic: Recession & recovery
Secondary Topic: Jobs, work, pay & benefits
Lead investigator: Sophia Chen

Maximizing effectiveness of policy-based responses to Covid-19: mapping citizens’ preferences over multi-dimensional trade-offs

At the onset of large-scale health crises such as the recent Covid-19 pandemic, the unavailability of reliable medicine-based responses implies that the role of non-pharmaceutical interventions (NPIs) and public health policies are essential in conta...
Lead investigator: Shaun Hargreaves Heap
Countries

Entering the labour market during a pandemic: scarring effects and youth unemployment

This research aims to investigate the consequences of the Covid-19 pandemic for labour market entrants, in particular the scarring effects on university graduates and the impact on youth unemployment. Macroeconomists have described the pandemic-drive...
Lead investigator: Francesco Amodio

Effects of Covid-19 pandemic on scientists’ research

The onset of Covid-19 has had an immediate impact on how scientists are able to use their time and resources to do research. However, there is a lack of data on how scientists are responding to this event and the heterogeneous disruptions to specific...
Lead investigator: Kyle Myers
Countries

The impact of Covid-19 on consumption and income inequality

The Covid-19 pandemic has had large economic consequences in the US, directly contributing to soaring unemployment and massively depressed demand. Such rapid changes in household economic characteristics can certainly affect earnings, income, and con...
Primary Topic: Recession & recovery
Secondary Topic: Jobs, work, pay & benefits
Lead investigator: Loujaina Abdelwahed
Countries

Do Environmental, Societal, and Governance (ESG) efforts make firms less vulnerable to financial market shocks? Evidence from the Covid-19 pandemic

Previous research indicates that stocks of companies endowed with high levels of Environmental, Societal, and Governance (ESG) responsibility characteristics fared better during the financial crisis of 2008-2009. But it is not known why this happens,...
Primary Topic: Banks & financial markets
Secondary Topic: Prices & interest rates
Lead investigator: Markku Kaustia
Countries

Bowling together by bowling alone: social capital and Covid-19

The literature documents a strong positive association between social capital and health. However, because personal social interactions are implicated in the spread of viral infections, areas with high levels of social capital may be especially at ri...
Secondary Topic: Health, physical & mental
Lead investigator: Francesca Borgonovi
Countries

Haiti in the age of covid: facing the pandemy and other challenges…

Fighting Covid in a country where about 1/2 of the population has no access to safe water and 3/4 lives with less than US$2 a day is both extremely demanding and asking very fundamental questions about where to channel the obviously undersized resour...
Primary Topic: Health, physical & mental
Lead investigator: Jean-Baptiste Antenord
Countries

NSF-rapid: the Job Posting in Recession and Recovery (JPRR) project

The Job Posting in Recession and Recovery project will develop near real time indicators of labor demand for new workers by occupation, geographic area, and firms using job postings downloaded daily from company websites by a job search engine. The p...
Lead investigator: Erling Barth
Countries

Early evidence of the impact of Covid-19 and the recession on older workers in the United States

We summarize the early effects, and anticipated future effects, of the Covid-19 pandemic and resulting recession on older workers in the United States. We start by discussing what we know about how older workers faired in prior recessions in the Unit...
Primary Topic: Recession & recovery
Secondary Topic: Jobs, work, pay & benefits
Lead investigator: Patrick Button
Countries

Belief in science influences physical distancing in response to Covid-19 lockdown policies

Physical distancing reduces transmission risks and slows the spread of Covid-19. Local and regional governments in the United States have issued shelter-in-place policies to mandate physical distancing. Yet compliance with these policies is uneven an...
Lead investigator: David Van Dijcke
Countries

The impact of Covid-19 on us stock market: Fama-French models

The paper evaluates the performance of Fama-French models on US stock during Covid-19. All data used in constructed models have origination from Fama-French official website from 1st January 2000 to 31st March 2020. (Fama and French 2020). The result...
Primary Topic: Business, big & small
Secondary Topic: Prices & interest rates
Lead investigator: Dominik Horvath
Countries

Job search behaviour in the united states during the Covid-19 pandemic

This study examines the effect of the coronavirus disease (Covid-19) on U.S. job search activity by developing sectoral and state-level job search indices. We document that Covid-19 has a significantly negative effect on job search, and that this eff...
Lead investigator: Wei-Fong Pan
Countries

Improving bureaucratic effectiveness during the Covid-19 crisis

We study whether positive and negative reinforcement messages to supervisors can help improve bureaucratic outcomes in times of crisis. In many parts of the developing world, it is difficult to get bureaucrats to complete tasks. Focusing on school pr...
Lead investigator: Catherine Rodríguez
Countries

Covid-19 health messaging to underserved communities

In the US, recent statistics show that African American and Latinx communities bear a disproportionate burden from Covid-19. Reaching vulnerable and underserved populations is therefore crucial to combating the disease. However, most public messaging...
Primary Topic: Health, physical & mental
Lead investigator: Marcella Alsan
Countries

Gender equality in work and Covid-19 deaths

On average, women comprise a smaller share of deaths from Covid-19. Variation in the share of Covid-19 deaths for women across countries and US States suggests that biological factors cannot fully account for this gender difference. I hypothesize tha...
Secondary Topic: Inequality & poverty
Lead investigator: Renée Adams
Countries

Accepting the mask, accepting the mosque? the effects of Covid-19 related face covering on prejudice towards religious veiling.

Using a large scale lab-in-the-field experimental setting, we study how the mitigation efforts for Covid-19 in the form of covering the face through masks affect the behavior and perception of subjects towards others. In particular, we study whether ...
Lead investigator: Samreen Malik
Countries

School closures, shelter-in-place, and crime and legal proceedings

Across the world, Covid-19 shelter-in-place rules have limited mobility and required most adults and children stay at home. Men and women face increased stress from fear of coronavirus infection, economic uncertainty, job loss, or increased child-car...
Primary Topic: Crime & policing
Secondary Topic: Health, physical & mental
Lead investigator: Scott Cunningham
Countries

The effects of marketing inclusivity in the wake of Covid-19 on university matriculation

We conducted a randomized controlled trial (RCT) aimed at increasing application and matriculation rates among women (and underrepresented minority (URM) women) at California Polytechnic State University’s College of Business. RCT marketing address...
Secondary Topic: Inequality & poverty
Lead investigator: Jacqueline Doremus
Countries