How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data

By Raj Chetty, John N. Friedman, Nathaniel Hendren, Michael Stepner. 2020

368 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/af4e1552d7b4700c43f4917ea9420289137910d7

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Citations in the corpus

A literature review of the economics of COVID‐19 (2020, unknown): “Chetty et al. (2020) analyze the causal effect of policies implemented in the United States on households and businesses.”
The impact of the COVID-19 pandemic on the demand for density: Evidence from the U.S. housing market (2020, unknown): “Consumption amenities such as restaurants have also seen a sudden drop in the number of visits, owing to policy mandates and consumers’ concerns over the exposure to the virus in indoor public spaces (Allcott et al., 2020; Chen et al., 2020; Chetty et al., 2020; Cox et al., 2020).”
Unmasking the Impact of COVID-19 on Businesses : Firm Level Evidence from across the World (2020, unknown): “2 demic’s impact in real time, including text data from earnings reports (Hassan et al., 2020), unemployment claims, and transaction data from credit or debit card purchases (Chetty et al., 2020).”
Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data (2020, background): “Chetty et al. (2020a). 2To be clear, our current analysis does not run regressions at the household level, but it does crucially rely on individual household data to define groups and outcomes of interest.”
Suffering in silence: How COVID-19 school closures inhibit the reporting of child maltreatment (2020, unknown): “On the one hand, research has shown that COVID-19 school closures will generate substantial learning losses, particularly for the lowest-achieving students (Bacher-Hicks et al., 2020; Chetty et al., 2020; Kuhfeld et al., 2020).”
Policies to Support Businesses through the COVID-19 Shock: A Firm Level Perspective (2021, unknown): “This has been true in China (Chen et al. 2020) as well as in the United States’ PPP program (Granja et al. 2020; Chetty et al. 2020).”
Wage inequality and poverty effects of lockdown and social distancing in Europe (2020, unknown): “5 For these activities Chetty et al. (2020) have found, as of July 08th 2020, a decrease in spending compared to the pre-lockdown levels in the range of between 32.9% and 48.3% in the US.”
Inequality in the impact of the coronavirus shock: Evidence from real time surveys (2020, unknown): “…Carvalho et al. 2020), and labor market impacts in specific countries relying on administrative data (Cajner et al. 2020), data from businesses (Chetty et al. 2020), job ads (Kahn, Lange and Wiczer 2020), public survey data (e.g. Benzeval et al. 2020; Coibion, Gorodnichenko and Weber 2020),…”
Understanding the impact of COVID-19 intervention policies on the hospitality labor market (2020, unknown): “Finally, given that Chetty et al. (2020) found that the decline in consumer spending was greater in traditionally higher-income areas, further research is required to understand how businesses in these areas have responded during the reopening.”
The Targeting and Impact of Paycheck Protection Program Loans to Small Businesses (2020, unknown): “Recent research has studied the effects of PPP loans, exploiting variation in PPP loan receipt intensity between firms of different sizes (Chetty et al. 2020, Autor et al. 2020) and locations (Granja et al. 2020, and Bartik et al. 2020c).”
Learning loss due to school closures during the COVID-19 pandemic (2021, unknown): “Early data from online learning platforms suggest a drop in coursework completed (20) and an increased dispersion of test scores (21).”
Effects of social distancing policy on labor market outcomes (2020, unknown): “Studies find that official state reopenings at the end of April-early May 2020 have contributed a modest 0%–4% increase in employment and slowed down further job losses among those employed (Cheng et al., 2020; Chetty et al., 2020; Hall & Kudlyak, 2020).”
Poverty and economic dislocation reduce compliance with COVID-19 shelter-in-place protocols (2020, unknown): “Second, we track real time demand for information about how to file for unemployment via geocoded Google search activity ( Choi and Varian, 2009 ).”