Questions and answers about
the economy.

Current Research

List view

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.

Using weekly financial and health diaries to track health and income effects of the Covid-19 outbreak and government response measures in rural Kenya

While the current number of Covid-19 cases is relatively limited in Kenya, the anticipation of Covid-19 arrives much earlier than any exponential growth of infections, and so do the measures in response to it. Even in the absence of Covid-19 cases, t...
Secondary Topic: Inequality & poverty
Lead investigator: Wendy Janssens
Countries

Food and nutrition security in Addis Ababa, Ethiopia during Covid‑19 pandemic

On March 13th, the first Covid-19 case was confirmed in Ethiopia. Three days later, the government closed schools, banned all public gatherings and sporting activities, and recommended social distancing. Other measures to contain the spread of the vi...
Primary Topic: Families & households
Secondary Topic: Inequality & poverty
Lead investigator: Kalle Hirvonen
Countries

Nowcasting Norwegian household consumption with debit card transaction data

The recent shutdown of significant portions of the worldwide economy, in order to restrain the outbreak of the coronavirus, has triggered a global recession. The uncertain consequences of the rapid spread of the virus and the induced infection contro...
Primary Topic: Recession & recovery
Lead investigator: Knut Are Aastveit
Countries

On the effects of Covid-19 on online labour markets: empirical evidence from Europe

In online labour market platforms, projects can be posted and completed anywhere in the world. They are – intensified by Covid-19 – at the core of the debate about the future of work and the conditions under which we work online. Using unique com...
Lead investigator: Frank Mueller-Langer
Countries

How the Covid-19 lockdown affected gender inequality in paid and unpaid work in Spain

The Covid-19 pandemic led many countries to close schools and declare lockdowns during the spring of 2020, with important impacts on the labor market. We document the effects of the Covid-19 lockdown in spain, which was hit early and hard by the pand...
Secondary Topic: Inequality & poverty
Lead investigator: Lidia Farre
Countries

Volatility shocks and investment behavior

We investigate how volatility shocks influence investments into a risky asset, perceptions about the asset’s risk, its future price/return development, and investor satisfaction. We run investment experiments mimicking volatility shocks with two su...
Lead investigator: Christoph Huber
Countries

Compulsory face mask policies do not affect community mobility in Germany

There is currently a heated debate about making face masks compulsory in public spaces to contain Covid-19. A key concern is that such policies could lead to risk compensating behaviour and thereby undermine efforts to maintain social distancing and ...
Lead investigator: Roxanne Kovacs
Countries

Migration and the labor market impacts of Covid-19

Labor migration is a fundamental component of household income for a large number of households in many parts of the world, especially in poorer and more rural areas. Migrant households are hardest hit by Covid-19 mitigation policies as social distan...
Secondary Topic: Families & households
Lead investigator: Nathan Barker
Countries

Human behaviour, cultural narratives and the economy during and after Covid-19

This project focuses on the Culture-Based Development (CBD) aspects of the effect of the Covid-19 pandemic. It analyses cultural biases created through narratives and conveying old social constructs that generate socio-economic inequalities during an...
Primary Topic: Inequality & poverty
Secondary Topic: Health, physical & mental
Lead investigator: Annie Tubadji
Countries

The cost of staying open: voluntary social distancing and lockdowns in the us

In combating the spread of Covid-19, some governments have been reluctant to adopt lockdown policies due to their perceived economic costs. Such costs can, however, arise even in the absence of restrictive policies, if individuals' independent r...
Primary Topic: Recession & recovery
Lead investigator: David Van Dijcke
Countries

Measuring social distancing: an empirical analysis using geo-location data from smartphones

This research project uses anonymized geo-location data from 60 million mobile phone users in Brazil to quantify the impact of coronavirus lockdown measures on social distancing. The results confirm that the current share of the population staying ho...
Lead investigator: Tharcisio Leon
Countries

How effective are social distancing policies? evidence on the fight against Covid-19 from Germany

To fight the spread of Covid-19, many countries implemented unprecedented social distancing policies. This is the first paper that uses an event-study approach to examine the effects of the German social distancing policies on (a) individual behavior...
Lead investigator: Ulrich Glogowsky
Countries

Economic determinants of violence in the home: the case of Sweden during Covid-19

Violence within the home is the most common form of interpersonal violence for women. While children and men are also victims of abuse of various kind within the family, intimate partner violence (IPV) committed by men against women is generally the ...
Primary Topic: Crime & policing
Secondary Topic: Families & households
Lead investigator: Maria Perrota
Countries

Uncovering the effects of Covid-19 on wellbeing and economic decision-making

To counter the public health emergency caused by the spread of Covid-19, “stay-at-home” executive order have been issued in most states across the U.S.. Because of the social distancing measures, the fear of income and employment losses and the f...
Lead investigator: Andreas Loschel
Countries

Covid-19, the stability of preferences and environmental choices

Recent studies and surveys show that Covid-19 not only poses a threat to individuals’ physical health, but also threatens individuals’ mental health due to income and employment losses, changes in daily routines and the general increased fear and...
Lead investigator: Andreas Loschel
Countries

The impact of Covid-19 on paid and unpaid work in the family: an international comparison

The Covid-19 pandemic has led governments worldwide to lock down their counties for several weeks. With the aim to curb the spread of the virus, most people have had to stay at home, working from their dwelling, and schools are closed. The quarantine...
Primary Topic: Families & households
Secondary Topic: Inequality & poverty
Lead investigator: Lídia Farré

The physical cost of the Covid-19 lockdown for non-professional athletes.

We analyze the participation of non-professional athletes (NPAs) to sporting events (road cycling or running) that take place annually in Italy or the UK (further countries may be added later, depending on data availability). The Covid-19 lockdown in...
Lead investigator: Tommaso Reggiani
Countries

Household behaviour: the Covid-19 “dance” phase

Until a vaccine arrives, forecasting economic activity is even more difficult than usual. For example, in the UK it is striking to see the difference between the IMF’s baseline scenario GDP loss of 6.5% for 2020, and the Office for Budget Responsib...
Primary Topic: Recession & recovery
Lead investigator: Stefanie J. Huber

Are palliative cash transfers effective to counteract the effects of stay-at-home orders? evidence from Peru

Several governments in LAC are increasingly imposing mandatory quarantines for all citizens to contain the expansion of the Covid-19 pandemic. These measures have proved to be the most effective to flatten the curve, but their downside are the econom...
Secondary Topic: Inequality & poverty
Lead investigator: Matthew Bird
Countries

The economic impact of Covid-19 and subsequent debt relief policies

Our research project examines the economic effects of Covid-19 and subsequent debt and credit relief policies along the value chain. Our project examines the effects on the micro to small and medium-size enterprises (SMEs) along the value chain as we...
Primary Topic: Business, big & small
Secondary Topic: Recession & recovery
Lead investigator: Giacomo De Giorgi
Countries