Current Research
List viewEconomists 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.
Social distancing, internet access and inequality
We use data provided by Safegraph for the purposes of studying the spread of Covid-19 during February, March 2020 and the first week of April 2020. This data is derived from a panel of around 19 million devices that collect anonymous location data. E...
Primary Topic: Attitudes, media & governance
Lead investigator: Lesley Chiou
Countries
Asset price expectations during the financial crash of the Covid-19 pandemic
We measure daily price expectations about the share prices of six well-known publicly traded companies in the U.S. in an incentivized online experiment for a period of three months. Coincidentally, our experiment started on 19/02/2020, just one day b...
Primary Topic: Attitudes, media & governance
Secondary Topic: Prices & interest rates
Lead investigator: Carlos Cueva
Countries
Rationing social contact during the Covid-19 pandemic: transmission risk and social benefits of US locations
To prevent the spread of Covid-19, some types of stores and gathering places have been shut down while others remain open. The decision to shut down one type of location and leave another open constitutes a judgement about the relative danger and ben...
Primary Topic: Attitudes, media & governance
Lead investigator: Seth Benzell
Countries
First to reach is last to forgive: evidence from the stock market impact of Covid-19
During December of 2019, the world became aware of a new global-scale threat called at first as Coronavirus, which changed the lives of millions of people around the globe. The coronavirus had multiple impacts regarding public policies, economic prod...
Primary Topic: Recession & recovery
Secondary Topic: Prices & interest rates
Lead investigator: Sherif M. Hassan
Political beliefs affect compliance with Covid-19 social distancing orders
Social distancing is vital to mitigate the spread of the novel coronavirus. We use geolocation data to document that political beliefs present a significant limitation to the effectiveness of state-level social distancing orders. Residents in Republi...
Primary Topic: Attitudes, media & governance
Lead investigator: Marcus Painter
Countries
Covid-19 and investor behavior
In the beginning of January 2020, the Chinese authorities identified a novel type of the coronavirus, which rapidly spread from China all over the world. The World Health Organization characterized the spread of the novel coronavirus officially as a ...
Primary Topic: Attitudes, media & governance
Secondary Topic: Prices & interest rates
Lead investigator: Regina Ortmann
Countries
Measuring risk and time preferences during the emergence of the Covid-19 crisis
We measure risk and time preferences, and examine the relationship with the disposition effect. Firstly, to estimate preferences, we use and compare several well-known quantitative and qualitative methods. Our main specification is an extended versio...
Primary Topic: Attitudes, media & governance
Secondary Topic: Pensions, savings & investment
Lead investigator: Jorgo T.G. Goossens
Countries
A cross country analyses of sentiments and emotions, before and after Covid-19, using big data
The main aim of this project is to analyse and compare sentiment and emotions of people in three countries, before and after the introduction of regulations to limit the spread of the Covid-19 virus. The uniqueness in the choice of the countries lies...
Primary Topic: Health, physical & mental
Lead investigator: Talita Greyling
Countries
Our Covid story
Our Covid Story is a longitudinal study examining the impact of pandemic stress on health behaviors. Two cohorts of participants, from New York City and the broader United States, use a mobile app to complete approximately 5-10 minutes of self-report...
Primary Topic: Health, physical & mental
Lead investigator: Paul Glimcher
Countries
Political partisanship influences behavioral responses to governors' recommendations for Covid-19 prevention in the United States
Voluntary physical distancing is essential for preventing the spread of Covid-19. Political partisanship may influence individuals' responsiveness to recommendations from political leaders. Daily mobility during March 2020 was measured using loc...
Primary Topic: Attitudes, media & governance
Lead investigator: Guy Grossman
Countries
Effect of a federal paid sick leave mandate on physical mobility
Physical distancing is a vital non-pharmaceutical strategy to overcome the coronavirus disease 2019 (Covid-19) public health threat. The inability to take paid leave from work that cannot be conducted remotely is a crucial barrier to individuals bein...
Primary Topic: Jobs, work, pay & benefits
Secondary Topic: Health, physical & mental
Lead investigator: Martin Anderson
Countries
Consumer responses to the Covid-19 crisis: evidence from bank account transaction data
This paper uses transaction-level customer data from the largest bank in Denmark to estimate consumer responses to the Covid-19 pandemic and the partial shutdown of the economy. We find that aggregate card spending has dropped sharply by around 25% f...
Primary Topic: Recession & recovery
Secondary Topic: Inequality & poverty
Lead investigator: Asger Lau Anderson
Countries
The global impact of Covid-19 on fintech adoption
We draw on mobile application data from 74 countries to document the effects of the Covid-19 pandemic on the adoption of digital finance and fintech. We estimate that the spread of Covid-19 and related government lockdowns have led to between a 22 an...
Primary Topic: Business, big & small
Lead investigator: Jonathan Fu
Adoption of telework and e-learning during Covid-19 lockdown
This paper studies: a) the impact of Covid-19 lockdown measures on the adoption of teleworking and e-learning, and b) its socioeconomic determinants. Using real-time data on Google search Trends aggregated at the province level in Italy, I study how ...
Primary Topic: Attitudes, media & governance
Secondary Topic: Jobs, work, pay & benefits
Lead investigator: Marta C Lopes
Countries
Coronavirus disease 2019 and the global economy
Using daily data on the global coronavirus disease 2019 (Covid-19) deaths, this paper investigates the corresponding effects on the global economic activity measured by the Baltic Exchange Dry Index (BDI). The empirical results based on a structural ...
Primary Topic: Recession & recovery
Lead investigator: Hakan Yilmazkuday
Coronavirus effects on the U.S. unemployment: evidence from Google trends
This paper investigates the relationship between Google search queries of "coronavirus" and "unemployment" using daily data from the United States. The investigation is achieved by employing a structural vector autoregression mode...
Primary Topic: Attitudes, media & governance
Lead investigator: Hakan Yilmazkuday
Countries
The responses of consumption and prices in Japan to the Covid-19 crisis and the Tohoku earthquake
This note compares the responses of consumption and prices to the Covid-19 shock and another large-scale natural disaster that hit Japan, the Tohoku earthquake in March 2011. The comparison shows that the responses of supermarket sales and prices at ...
Primary Topic: Lessons from history
Secondary Topic: Prices & interest rates
Lead investigator: Tsutomu Watanabe
Countries
The early effects of coronavirus-related social distancing restrictions on brands
This paper presents some of the first evidence on the effect of the spread of coronavirus (Covid-19) in the US on retail footfall traffic. The paper uses granular visit data from cell-phone tracking to estimate the shift in visits to different types ...
Primary Topic: Recession & recovery
Secondary Topic: Attitudes, media & governance
Lead investigator: Catherine E. Tucker
Countries
The invisible risk: pandemics and the financial markets
Are pandemics systemically important to modern-day financial markets? This study uses the Covid-19 pandemic as a natural experiment for testing how large-scale pandemics affect the financial markets. Using hand-collected data at the firm level, I fin...
Primary Topic: Banks & financial markets
Lead investigator: Jordan Schoenfeld
Countries
Staying home saves lives, really!
As coronavirus disease (Covid-19) is spreading around the world, many national and local governments have imposed social restrictive measures to limit the spread of the virus. Such quarantine measures in different cities across the world have brought...
Primary Topic: Crime & policing
Lead investigator: Soheil Shayegh
Countries
