We develop a quantitative framework for exploring how individuals trade off the utility benefit
of social activity against the internal and external health risks that come with social …

Motivated by the effects of the COVID-19 pandemic, we present a theory of Keynesian
supply shocks: shocks that reduce potential output in a sector of the economy, but that, by …

We extend the baseline Susceptible-Exposed-Infectious-Recovered (SEIR) infectious
disease epidemiology model to understand the role of testing and case-dependent …

We extend the canonical epidemiology model to study the interaction between economic
decisions and epidemics. Our model implies that people cut back on consumption and work …

This paper investigates whether the anti-scientific rhetoric of modern populists can induce
followers to engage in risky behavior. We gather electoral information, credit card expenses …

We study quantitatively the optimality of quarantine and testing policies; and whether they
are complements or substitutes. We extend the epidemiological susceptible-exposed …

We construct text-based measures of the primary concerns listed firms associated with the
spread of COVID-19 and other epidemic diseases. We identify which firms perceive to lose …

This paper quantitatively analyzes how policy responses to the COVID-19 pandemic should
differ in develo** countries. To do so we build an incomplete-markets macroeconomic …

Macroeconomic development remains an important policy goal because of its ability to lift
entire populations out of poverty. In our review of the literature, we emphasize that the best …

We discuss and review literature on the macroeconomic effects of epidemics and pandemics
since the late twentieth century. First, we cover the role of health in driving economic growth …