The speed with which it developed and approved COVID-19 vaccines is only the most recent example of American ingenuity. US GDP fell less during the pandemic than in most other developed countries, and employment bounced back faster—signs of the resiliency that has long been an impor...
COVID-19 pandemicSTAY-at-home ordersGOVERNMENT regulationThe COVID‐19 pandemic led to extensive new government regulations and lockdown policies that significantly reduced economic freedom across US states. Many of these new pandemic‐related regulatory restrictions on economic freedom varied significantly...
COVID-19public healtheconomicsquarantineeconomyIn this brief, we provide a back-of-the-envelope estimate of the impact of current mitigation measures on the 2020 GDP growth rate. That impact varies by industdoi:10.2139/ssrn.3570731Makridis, Christos...
COVID-19 has scrambled customer demand for the freight industry, further muddying a complicated picture. New research highlights four forces to watch.
US fiscal federalism during the COVID-19 pandemicThe likely impact of the COVID-19 pandemic on state and local government revenues is increasingly well understood.doi:10.1111/pbaf.12287Clemens, JeffreyIppolito, BenedicVeuger, StanJohn Wiley & Sons, LtdPublic Budgeting & Finance...
We use an individual based model and national level epidemic simulations to estimate the medical costs of keeping the US economy open during COVID-19 pandemic under different counterfactual scenarios. We model an unmitigated scenario and 12 mitigation sc
In this scenario, GDP will rise more rapidly than the baseline forecast through to 2029. Between 2025 and 2029, this scenario expects GDP to rise at an average annual rate of 2.7%, which is 0.7 percentage points above the average in the baseline forecast. With fewer tariffs in place, this...
Drawing on the Oxford COVID-19 Government Response Tracker (OxCGRT)coding system, we provide a systematic and objective account of the strength of Covid-19 response policies that have been instigated by the USA’s national government, state governments, and governments of Washington DC and the US...
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COVID-19 deaths in the US exceed 1 million. What to do next?The US Washington National Cathedral sounded 1,000 times to mark the 1 million Americans that have died in the COVID-19 pandemic.It is the US’ own failure to respond effectively to the crisis that has led to such a tragic...