Health vs. Wealth? Public Health Policies and the Economy During Covid-19

Abstract

and seminar participants at UC Davis provided helpful early feedback. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peerreviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

The Economic Impacts of COVID-19: Evidence from a New Public Database Built Using Private Sector Data

“…Given that earlier reopenings had no impact on consumer behavior, it is not surprising that it also had little or no downstream impact on employment. 39 These results are consistent with the findings of Lin and Meissner (2020), who use a state-border discontinuity design and find no impact of stay-at-home orders on job losses.…”

Measuring the Labor Market at the Onset of the COVID-19 Crisis

“…We are not the only ones studying the labor market at this time. Allcott et al (2020), Alon et al (2020), Cajner, et al (2020a [this volume]; 2020b), Chetty et al (2020), Cortes and Forsythe (2020), Dey et al (2020), Goolsbee and Syverson (2020), Gupta et al (2020), Khan et al (2020), Kurmann et al (2020), Lin and Meissner (2020), and Mongey et al (2020) all conduct exercises that are related to ours. There are surely many others that we do not cite here.…”

What Explains Temporal and Geographic Variation in the Early US Coronavirus Pandemic?

“…For example, Dave et al (2020) use the log of confirmed cases as the outcome in an eventstudy framework with state-specific linear trends. Lin and Meissner (2020) also use a similar event-study specification with log cases on the left-hand side. 8 These estimators can produce unexpected results when the data comes from an SIRD data-generating process.…”