This survey features three parts. The first one reviews the most recent literature on the
relationship between domestic (ie, country‐specific) uncertainty and the business cycle, and …

We study how the differential timing of local lockdowns due to COVID-19 causally affects
households' spending and macroeconomic expectations at the local level using several …

Pandemics are characterized by extreme uncertainty and effective communication is critical
to help the public manage this uncertainty. We summarized scholarship on public …

We use a repeated large-scale survey of households in the Nielsen Homescan panel to
characterize how labor markets are being affected by the covid-19 pandemic. We document …

We document and evaluate how businesses are reacting to the COVID-19 crisis through
August 2020. First, on net, firms see the shock (thus far) largely as a demand rather than …

This paper investigates the impact of the COVID-19 pandemic on household investment
decisions using a novel survey conducted by the Survey and Research Center for China …

Facing with the enormous economic loss resulting from the unexpected outburst of the
COVID-19 pandemic, central banks around the world began to show a great activeness and …

We use randomized treatments that provide different types of information about the first
and/or second moments of future economic growth to generate exogenous changes in the …

This paper studies how inflation beliefs reported in the New York Fed's Survey of Consumer
Expectations have evolved over the first six months of the Covid-19 pandemic. We find that …

In response to the COVID-19 pandemic, large parts of the economy were locked down and,
as a result, households' income risk rose sharply. At the same time, policy makers put …