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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.

Covid 19: a new challenge for the European monetary union

Although the pandemic was an exogenous shock, it triggered portfolio rebalancing in the Euro Area (EA) implying a divergence of sovereign risk premia in the first phase of the crisis eventually followed by a narrowing of the spreads. We estimate the ...
Secondary Topic: Prices & interest rates
Lead investigator: Anne-Laure Delatte

The economic effects of Covid-19 and credit constraints: evidence from Italian firms' expectations and plans

We investigate the economic effects of the Covid-19 pandemic and the role played by credit constraints in the transmission mechanism, using a novel survey of expectations and plans of Italian firms, taken just before and after the outbreak. Most firm...
Secondary Topic: Recession & recovery
Lead investigator: Pierluigi Balduzzi
Countries

Civic capital and social distancing during the Covid-19 pandemic

The success of non-pharmaceutical interventions to contain pandemics often depends greatly upon voluntary compliance with government guidelines. What explains variation in voluntary compliance? Using mobile phone and survey data, we show that during ...
Lead investigator: John M Barrios

Covid-19 and the demand for flexible annuities

The demand for voluntary lifetime annuities is low. Two potential driving mechanisms behind this phenomenon are uninsurable risk early in life and financial illiteracy. Covid-19 generates a large amount of uncertainty for workers. We measure preferen...
Lead investigator: Pim Koopmans
Countries

Promoting social distancing in a pandemic: beyond the good intentions

Reminders to promote social distancing have been ubiquitous throughout the Covid-19 crisis, but little is known about their effectiveness. Existing studies find positive impacts on intentions to comply, but no evidence exists of actual behavioural ch...
Secondary Topic: Health, physical & mental
Lead investigator: Paolo Falco
Countries

Ethnic employment gap during the Covid-19 outbreak: great equalizer or divider?

Many employees lose their jobs as the result of Covid-19 outbreak (ILO, 19 March 2020). Moreover, the number of job openings decreases, making it harder for applicants to compete. This challenging situation can be particularly hard for minority group...
Lead investigator: Igor Asanov
Countries

Does the Covid-19 pandemic increase or decrease pro-sociality and does it shift donations towards more local causes?

Locally occurring natural catastrophes typically seem to increase international solidarity (Scharf, Smith, and Ottoni-Wilhelm 2017). The global spread of the Covid-19 is unprecedented such that it is not clear what types of behavioral responses it is...
Lead investigator: Maja Adena
Countries

Parental job loss and job insecurity during the Covid-19 pandemic and children’s outcomes

The aim of this research is to study how job loss and felt job insecurity due to the Covid19 pandemic are impacting factors that directly affect the cognitive and non-cognitive achievement of children: parental mental and physical health, income, tim...
Secondary Topic: Inequality & poverty
Lead investigator: Jenifer Ruiz-Valenzuela
Countries

The short- and long-term consequences of Covid-19 on gender equality

The Covid-19 crisis has substantially affected the organisation of work in the labor market and in the household. In particular, with the start of the lock-down, virtually none of the typical components of home production can be outsourced to the mar...
Primary Topic: Families & households
Secondary Topic: Inequality & poverty
Lead investigator: Claudia Hupkau
Countries

The impact of Covid-19 on work and time-use in the family

This project analyses the impact of the severe contention measures and stay-home orders resulting from the Covid-19 outbreak on the work and time-use of families in Spain. Between March 14 and May 2, 2020, the country suffered the strictest lockdown ...
Primary Topic: Families & households
Secondary Topic: Jobs, work, pay & benefits
Lead investigator: Lídia Farré
Countries

Working from home: occupations and performance, results from Hungary

In the world of strict measures against the pandemic including stay-at-home orders and lockdowns working from home is part of the solutions to keep the economy running. In this paper we construct a simple measure of working from home potential using ...
Lead investigator: Bence Kiss-Dobronyi
Countries

Privacy under pandemics: Do we really want to be tracked?

During the current Covid-19 situation, health authorities across the globe are gathering and using personal data to efficiently track and fight the spreading of the disease. Citizen are asked to trade privacy against better health or against a faster...
Lead investigator: Ole Christian Wasenden
Countries

Mitigation of risks of Covid-19 contagion and robotisation: evidence from Italy

The rapid and dramatic diffusion of the Covid-19 epidemic in Italy was tackled by the Italian government with social distancing measures and with the suspension of all economic activities, but ``essential'' sectors. A lively policy debate o...
Lead investigator: Mauro Caselli
Countries

Partisanship and public health: early evidence from Belgium during the Covid-19 pandemic

We investigate how partisanship affects the authority of the executive branch by looking at the relationship between electoral support for the governing coalition and Covid-19 deaths across Belgian municipal districts. Applying spatial autoregressive...
Secondary Topic: Health, physical & mental
Lead investigator: Arthur Dyevre
Countries

Stereotypes and political attitudes in the age of coronavirus: empirical evidence from Italy

The novel coronavirus has led to increasing concerns about racial discrimination and anti-EU sentiment in various European countries. We use a newly-developed bot that works through Facebook Messenger to conduct a longitudinal online survey in Italy ...
Lead investigator: Dante Donati
Countries

Children’s education and use of time during the Covid-19 lockdown in France and Italy

The Covid-19 crisis has large impacts on the economy and these impacts are probably highly unequal among individuals and families. From a family perspective the lockdown situation is having a tremendous impact on two fundamental assets of families we...
Secondary Topic: Health, physical & mental
Lead investigator: Hugues Champeaux
Countries

Demand for public events in the Covid-19 pandemic: a case study of European football

This study uses data from elite-level European football matches and panel data methods to suggest how people responded to the initial Covid-19 outbreak. In Italy, England and Germany, stadium attendances were negatively affected by the previous day&#...
Lead investigator: J. James Reade

The impact of lockdown on the division of housework and childcare in French households

Before the Covid-19 outbreak, the burden of unpaid work in Europe, e.g. housework and childcare, was mostly carried-out by women - with women spending around 22 hours per week and men only 9 hours per week in unpaid work (European Commission 2019). W...
Primary Topic: Families & households
Secondary Topic: Inequality & poverty
Lead investigator: Anne Boring
Countries

Hate crime in time of the Corona

The news of the novel virus first reached the world when the World Health Organisation (WHO) confirmed the first case in China on December 31, 2019. As the danger it posed to the public grew and the virus spread first across China, then to Europe and...
Primary Topic: Crime & policing
Lead investigator: Joel Carr
Countries

Grey rhinos in financial markets and venue selection: the case of Covid-19

We investigate the effects of the Covid-19-induced shock in financial markets on aggregate venue selection/market share and market quality. We find that the shock is linked with an economically significant loss of market share by dark pools to lit ex...
Secondary Topic: Prices & interest rates
Lead investigator: Gbenga Ibikunle