Current circumstances have forced us into a gigantic experiment around the feasibility of working from home. Lack of proper preparation and child-care disruption are two factors that greatly impact on how successful people are finding WFH. Jonathan Dingel and coauthor Brent Neiman have written a paper on Working from Home for issue 1 of CEPR's Covid Economics Review
Video Vox
Jonathan Dingel 23 April 2020
People are being encouraged to work from home during the current crisis and Jonathan Dingel (Chicago University) points out that a shift towards asynchronous working between colleagues would make it possible to distribute work across a much larger geographical scope and allow for more international offshoring. Jonathan's paper (with Brent Neiman) on Working from Home, can be found in issue one of CEPR's Covid Economics Review
Jonathan Dingel 23 April 2020
Jonathan Dingel (University of Chicago) talks about his paper with Brent Neiman, for issue one of CEPR's new Covid Economics Review, in which they classify the feasibility of working at home for all occupations in the US.
Steven Davis 22 April 2020
Stock market volatility in the early phase of the pandemic was largely driven by media reports of its likely extent and effect. In more recent weeks the reaction has been much more a response to policy measures.
Steven Davis is coauthor of a paper on stock market reactions in issue one of CEPR's new Covid Economics Review. You can download the paper here https://cepr.org/content/covid-economics-vetted-and-real-time-papers-0
Steven Davis 22 April 2020
Steven Davis, co-author of 'The unprecedented stock market reaction to Covid-19', a paper in issue 1 of CEPR's new Covid Economics Review, says that the pandemic is having an effect on the US stock markets unlike anything we've ever seen before.
Download his paper here https://cepr.org/content/covid-economics-vetted-and-real-time-papers-0
Steven Davis 22 March 2020
No previous infectious disease outbreak, including the Spanish flu, has impacted the stock market as powerfully as the Covid-19 pandemic. Steven Davis (University of Chicago) and his co-authors use text-based analysis of newspaper reports back to 1900 to track stock market volatility. They also argue that policy responses to the Covid-19 pandemic provide the most compelling explanation for its unprecedented stock market impact.
Sergei Guriev 22 April 2020
Although nationalists often talk about bringing industry home, the modern economy is based more around the idea of global value chains. The European value chain model works well for participating countries and in the current crisis even seemingly largely self-sufficient countries such as the United States are found to be reliant on external sources for some medical and other supplies.
Sergei Guriev is speaking at the CEPR / PIIE webinar: Containing the economic nationalist virus through global coordination, held 15 April 2020.
Monica de Bolle 22 May 2020
Monica de Bolle, PIIE, is hopeful that, while nationalist leaders may be benefiting from a surge of popularity during the current crisis, moving forward in a post-pandemic world, they are likely to be held to account for poor policy decisions by the electorate. Taken from the CEPR / PIIE Webinar 'Containing the economic nationalist virus through global coordination', held 15 April 2020
Frédéric Jenny 20 April 2020
Politicians want to add credibility to their decisions through presentation of supporting scientific advice. The difficulty with this in the Covid-19 crisis is that scientists don't always have concrete answers and can feel pressured by politicians to go beyond what is actually known. Frédéric Jenny (ESSEC Business Scool, OECD) has contributed a paper to CEPR's new Covid Economics Review, which you can download free here https://cepr.org/content/covid-economics-vetted-and-real-time-papers-0
Frédéric Jenny 20 April 2020
Politicians have trade offs to make when it comes to Covid-19. Lockdown is an effective but costly life-saving 'treatment', but at what point does the cost outweigh the lives saved? Frédéric Jenny (ESSEC Business Scool, OECD) has contributed a paper to CEPR's new Covid Economics Review, which you can download free here https://cepr.org/content/covid-economics-vetted-and-real-time-papers-0