Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.
Session One: Monetary Issues and Epidemiology
Business Credit Programs in the Pandemic Era
Samuel G. Hanson, Jeremy C. Stein, Adi Sunderam, and Eric Zwick
Epidemiological and Economic Effects of Lockdown
Alexander Arnon, John Ricco, and Kent Smetters
Session Two: Epidemiology across Countries and Labor Markets
Macroeconomic Outcomes and COVID-19: A Progress Report
Jesús Fernández-Villaverde and Charles I. Jones
Temporary Unemployment and Labor Market Dynamics during the COVID-19 Recession
Jessica Gallant, Kory Kroft, Fabian Lange, and Matthew J. Notowidigdo
Session Three: Fiscal Policy and International Implications
Effects of COVID-19 on Federal, State, and Local Government Budgets
Alan J. Auerback, William G. Gale, Byron Lutz, and Louise Sheiner
Will the Secular Decline in Exchange Rate and Inflation Volatility Survive COVID-19?
Ethan Ilzetzki, Carmen M. Reinhart, and Kenneth S. Rogoff
Session Four: Business Dynamics and Policy
Has the Paycheck Protection Program Succeeded?
Glenn Hubbard and Michael R. Strain
Sizing Up Corporate Restructuring in the COVID-19 Crisis
Robin Greenwood, Ben Iverson, and David Thesmar