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Brookings Papers on Economic Activity: Summer 2020

Edited by Janice Eberly and James H. Stock; Guest editor David Romer and Justin Wolfers
Cvr: BPEA: Summer 2020

Brookings Papers on Economic Activity provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.


Session One: Labor Markets and Consumer Spending

The US Labor Market during the Beginning of the Pandemic Recession,
Tomaz Cajner, Leland D. Crane, Ryan A. Decker, John Grigsby, Adrian Hamins-Puertolas, Erik Hurst, Christopher Kurz, and Ahu Yildirmaz

Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data,
Natalie Cox, Peter Ganong, Pascal Noel, Joseph Vavra, Arlene Wong, Diana Farrell, Fiona Greig, and Erica Deadman

Session Two: Safety Net Programs and Poverty

Income and Poverty in the COVID-19 Pandemic,
Jeehoon Han, Bruce D. Meyer, and James X. Sullivan

The Social Safety Net in the Wake of COVID-19,
Marianne P. Bitler, Hilary W. Hoynes, and Diane Whitmore Schanzenbach

Session Three: Emerging Market and Developing Economies

The Effects of the Coronavirus Pandemic in Emerging Market and Developing Economies: An Optimistic Preliminary Account,
Pinelopi Koujianou Goldberg and Tristan Reed

Session Four: Labor Markets and the Economics of Non-pharmaceutical Interventions

Measuring the Labor Market at the Onset of the COVID-19 Crisis,
Alexander W. Bartik, Marianne Bertrand, Feng Lin, Jesse Rothstein, and Matthew Unrath

Mandated and Voluntary Social Distancing during the COVID-19 Epidemic,
Sumedha Gupta, Kosali Simon, and Coady Wing

Session Five: Macroeconomics and Epidemiology

COVID-19 Is Also a Reallocation Shock,
Jose Maria Barrero, Nicholas Bloom and Steven J. Davis

Policies for a Second Wave,
David Baqaee, Emmanuel Farhi, Michael Mina, and James H. Stock

Session Six: Federal Reserve Programs

Corporate Debt Overhang and Credit Policy,
Markus Brunnermeier and Arvind Krishnamurthy

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