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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.

Does Covid-19 affect neighborhood amenity?

This paper studies the impact of Covid-19 on neighborhood amenity by analyzing the effect of confirmed Covid-19 cases on housing prices in China. Home buyers may not choose housing units in neighborhoods that have confirmed Covid-19 cases because of ...
Primary Topic: Prices & interest rates
Lead investigator: Naqun Huang
Countries

The impact of Covid-19 lockdown and re-opening on the housing market: evidence from China

This paper evaluates the performance of the housing market in China after the Covid-19 outbreak and subsequent economy re-opening. We construct both daily and weekly housing price indices for more than 30 cities by analyzing 600 thousand housing tran...
Primary Topic: Prices & interest rates
Lead investigator: Naqun Huang
Countries

The Covid-19 pandemic and sovereign bond risk

Governments around the world are tackling the Covid-19 pandemic with a mix of public health, fiscal, macroprudential, monetary, or market-based policies. We aim to quantify the impact on European sovereign CDS spreads of the pandemic and the policy m...
Primary Topic: Prices & interest rates
Secondary Topic: Trade & supply chains
Lead investigator: Alin Marius Andries

How contagious is a pandemic to the housing market? evidence from day-by-day sales and minute-by-minute bids after a Covid-19 policy intervention

We exploit day-by-day transaction and minute-by-minute auction data from Norway in order to estimate the effect on the housing market of the government intervention on 12 March 2020 and further effects from economic relief packages announced on 20 Ma...
Primary Topic: Prices & interest rates
Lead investigator: Andre K. Anundsen
Countries

The effect of Covid-19 on home prices and sales

I analyze the effect of Covid-19 on home prices and sales in the United States. I do so using a dataset on approved purchase mortgage applications. The mortgage data have many of the key variables also available in housing transaction data such as sa...
Primary Topic: Prices & interest rates
Lead investigator: Elliot Anenberg
Countries

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