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Title: The Stock Market, the Economy, and Economic Policy Response to the Covid-19 Pandemic

Citation Type: Miscellaneous

Publication Year: 2020

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Abstract: In early 2020, the novel coronavirus began spreading throughout the United States, causing the worst health crisis in over a century. Willful social distancing and government-mandated restrictions heavily constrained consumer spending, leading to a sharp decline in economic activity. The U.S. economy began an unprecedented contraction, and the unemployment rate surged. Between late February and late March, each of the three major stock indexes lost roughly one-third of their respective values.

Url: https://repository.rice.edu/server/api/core/bitstreams/0529382c-29cb-4767-be8e-1ae3ff4edf37/content

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Authors: Barro, Jorge

Publisher: Baker Institute for Public Policy

Data Collections: IPUMS CPS

Topics: Health, Labor Force and Occupational Structure

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