COVID-19 pandemicThis paper studies how inflation beliefs reported in the New York Fed's Survey of Consumer Expectations have evolved since the start of the COVID-19 pandemic. Wdoi:10.2139/ssrn.3742949Armantier, OlivierKoar, GizemPomerantz, Rachel...
Coronavirus disease 2019 (COVID-19) has created an economic crisis alongside a health care crisis. During the 2 weeks ending on March 28, nearly 10
Figure 1 shows the rate of change of the CPI and unemployment rates in the 1960s. If unemployment was 6%—and through monetary and fiscal stimulus, the rate was lowered to 5%—the impact on inflation would be negligible. In other words, with a 1% fall in unemployment, prices would not...
COVID could also indirectly affect the brain. The virus candamage blood vesselsand cause either bleeding or blockages resulting in the disruption of blood, oxygen, ornutrient supply to the brain, particularly to areas responsible for problem solving. The virus also activates the immune system, and...
(1) Single-vehicle (SV) crashes prior to lockdown order (Normal times SV); (2) multi-vehicle (MV) crashes prior to lockdown order (Normal times MV); (3) Single-vehicle crashes after lockdown order (COVID times SV); and (4) Multi-vehicle crashes after lockdown order (COVID times ...
The Fed can lower the rate to stimulate the economy (as when they reduced it to near zero during and after the financial crisis in 2009), or raise the rate to rein in inflation (as they did in 2022). The assets on the balance sheet. This is a somewhat new weapon in the Fed’s...
Lower interest rates helped the U.S. housing market make its recovery after the gut punch of the2007-2008 financial crisis, and then again during the COVID-19 pandemic. Higher interest rates have the opposite effect, reducing demand for loans in order to cool down inflation. ...
Credit: Unsplash/CC0 Public Domain Recent research indicates that during the first year of the COVID-19 pandemic, the proportion of working-aged U.S. adults without health insurance did not change despite increases in unemployment, and the prevalence of unhealthy behaviors decreased. The findings,...
They found that FSCs did not significantly lower prices in the presence of the Spring Airlines competition. Spring Airlines, which had a very small market share, adopted “puppy dog” and “cream-skimming” strategies by not offering heavily discounted fares for fear of retaliation by the FSCs....
A key research question that fits within the main objective is to identify the negative and positive effects of the COVID-19 pandemic on the functional relationships between members of regional tourism organizations (RTOs) in Poland. The study consisted of three stages: desk research, a diagnostic...