We build a publicly available database that tracks economic activity in the United States at a
granular level in real time using anonymized data from private companies. We report weekly …

This paper provides a comprehensive assessment of financial intermediation and the
economic effects of the Paycheck Protection Program (PPP), a large and novel small …

I study the effects of the 2020 coronavirus outbreak in the United States and subsequent
fiscal policy response in a nonlinear DSGE model. The pandemic is a shock to the utility of …

We use micro data on earnings together with the details of each state's unemployment
insurance (UI) system to compute the distribution of UI benefits after the uniform $600 …

The coronavirus 2019 disease (COVID-19) pandemic has created both a public health crisis
and an economic crisis in the United States. The pandemic has disrupted lives, pushed the …

Like past editions, this ninth edition of Social Inequality: Forms, Causes, and Consequences
is a user-friendly introduction to the study of social inequality. This book conveys the …

During the COVID-19 pandemic, the Federal Pandemic Unemployment Compensation
(FPUC) increased US unemployment benefits by $600 a week. Theory predicts that FPUC …

The CARES Act expanded unemployment insurance (UI) benefits by providing a $600
weekly payment in addition to state unemployment benefits. Most workers thus became …

Using data from the Current Population Surveys, we investigate the aggregate and
distributional consequences of the Covid-19 pandemic and the associated public policy …

We test whether changes in unemployment insurance (UI) benefit generosity under the
CARES Act in the US are associated with differential employment outcomes under the …