A link between home values and retail prices could add to deflation concerns.
Hopefully, the COVID-19 pandemic will be a transitory event. But the economic disruption it causes could be persistent.
Chicago Booth’s Joseph S. Vavra explains why stimulus efforts should focus on small businesses rather than shareholders of large companies.
Chicago Booth’s Joseph S. Vavra says the initial economic hardship of the COVID-19 crisis has fallen primarily on the people who can least bear it.
Chicago Booth’s Joseph S. Vavra says this crisis calls for different policies than a typical recession would.