COVID-19 is also a reallocation shock
Drawing on firm-level expectations at a one-year forecast horizon in the Survey of Business
Uncertainty (SBU), we construct novel, forward-looking reallocation measures for jobs and …
Uncertainty (SBU), we construct novel, forward-looking reallocation measures for jobs and …
Effects of social distancing policy on labor market outcomes
US workers receive unemployment benefits if they lose their job, but not for reduced working
hours. In alignment with the benefits incentives, we find that the labor market responded to …
hours. In alignment with the benefits incentives, we find that the labor market responded to …
US unemployment insurance replacement rates during the pandemic
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 …
insurance (UI) system to compute the distribution of UI benefits after the uniform $600 …
Should we insure workers or jobs during recessions?
What is the most efficient way to respond to recessions in the labor market? To this question,
policymakers on the two sides of the pond gave diametrically opposed answers during the …
policymakers on the two sides of the pond gave diametrically opposed answers during the …
[PDF][PDF] The early labor market impacts of COVID-19 in developing countries
The global coronavirus pandemic (COVID-19) dramatically slowed economic activity as
governments implemented lockdown measures, individuals reacted by reducing both their …
governments implemented lockdown measures, individuals reacted by reducing both their …
[HTML][HTML] Job search during the COVID-19 crisis
This paper measures the job-search responses to the COVID-19 pandemic using real-time
data on vacancy postings and job ad views on Sweden's largest online job board. First, new …
data on vacancy postings and job ad views on Sweden's largest online job board. First, new …
[HTML][HTML] The proper role of government in the market economy: The case of the post-COVID recovery
JE Stiglitz - Journal of Government and Economics, 2021 - Elsevier
The long-lasting, widespread COVID-19 pandemic has imposed huge challenges on public
health as well as economic recovery. Governments must take an active role in designing …
health as well as economic recovery. Governments must take an active role in designing …
Short-term impacts of Universal Basic Income on population mental health inequalities in the UK: A microsimulation modelling study
Background Population mental health in the United Kingdom (UK) has deteriorated,
alongside worsening socioeconomic conditions, over the last decade. Policies such as …
alongside worsening socioeconomic conditions, over the last decade. Policies such as …
Has the willingness to work fallen during the covid pandemic?
We examine the effect of the Covid pandemic on willingness to work along both the
extensive and intensive margins of labor supply. Special survey questions in the Job Search …
extensive and intensive margins of labor supply. Special survey questions in the Job Search …
[PDF][PDF] Work and well-being during COVID-19: impact, inequalities, resilience, and the future of work
The authors are grateful for helpful comments from Lara B. Aknin, John Helliwell, Richard
Layard, and Janeane Tolomeo. This research relies on several large-scale data sets, and …
Layard, and Janeane Tolomeo. This research relies on several large-scale data sets, and …