Insights for an Uncertain Economy

Economic forecasting will always be a challenging endeavor, but the fate of the global economy in 2021 may be particularly hard to divine. How will the coronavirus vaccine encourage pandemic recovery? Will a new administration in the White House change the dynamics of international trade? What will be the immediate impacts of Brexit on the UK and EU? Research and discussion from academic experts is helping illuminate the muddy waters ahead.

How Has the Pandemic Changed the Labor Market?

Marianne Bertrand, Steven J. Davis, and Matthew J. Notowidigdo discuss the impact of COVID-19, and policies created to counter it, on the US workforce.

How Has the Pandemic Changed the Labor Market?

Should the ECB Prioritize Jobs and the Environment?

A panel of economists considers policy changes for the European Central Bank.

Should the ECB Prioritize Jobs and the Environment?

How Quickly Will Unemployment Figures Recover?

Despite eye-catching jobless numbers, there’s reason to hope for improvement in the labor market.

How Quickly Will Unemployment Figures Recover?

Who Is Paying for the Trade War?

So far, US firms have absorbed much of the cost. More pain for consumers may be coming.

Who Is Paying for the Trade War?

How Much Does Political Uncertainty in Hong Kong Affect Property Valuations?

Research suggests uncertainty takes a measurable toll on asset prices.

How Much Does Political Uncertainty in Hong Kong Affect Property Valuations?

CARES Unemployment Payments Replaced Lost Wages, and Then Some

Three-quarters of US workers received more from unemployment insurance under CARES than they did from wages alone when they were working.

CARES Unemployment Payments Replaced Lost Wages, and Then Some

How the Tech Giants Create "Kill Zones" in the Competitive Landscape

Research finds a big-money acquisition depresses further investment in a competitive space.

How the Tech Giants Create "Kill Zones" in the Competitive Landscape

Persistent Uncertainty Is Likely to Hold Back Economic Recovery

Five forward-looking measures of uncertainty have seen large jumps amidst the pandemic.

Persistent Uncertainty Is Likely to Hold Back Economic Recovery

Fear, Not Government Shutdowns, Chilled the Economy

Research suggests that consumers’ fear of the coronavirus had a far greater effect on economic activity than lockdown measures did.

Fear, Not Government Shutdowns, Chilled the Economy

Rethinking Unemployment Insurance in Response to the Crisis

Chicago Booth’s Randall S. Kroszner suggests a way to help the unemployed transition to new jobs.

Rethinking Unemployment Insurance in Response to the Crisis

How Will COVID-19 Shake the Global Economy?

Chicago Booth’s Raghuram G. Rajan discusses the economic implications of COVID-19.

How Will COVID-19 Shake the Global Economy?

Raghuram G. Rajan Says Capitalism’s Future Lies in Stronger Communities

“The community is critical to maintaining the balance between the state and markets.”

Raghuram G. Rajan Says Capitalism’s Future Lies in Stronger Communities

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