Video Vox

Richard Baldwin and Simon Evenett talk to Tim Phillips about the new Vox eBook, 'COVID-19 and Trade Policy: Why Turning Inward Won’t Work', and explain that national trade barriers in a world of internationalised manufacturing processes will make it harder for every nation to produce vital medical supplies. Insular policies will also fail to foster economic recovery, and they are a threat to the collaborative spirit that the human race will need to defeat this threat.

Richard Baldwin 29 April 2020

The key items for overcoming Covid-19, such as PPE, vaccines and antibody tests, are all the product of 'global factories'.  Richard Baldwin explains that the notion that export bans could result in more being available just doesn't make sense.

Jonathan Dingel 23 April 2020

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

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

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

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



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