The staggering economic toll of the new coronavirus is becoming abundantly, unavoidably clear. On Thursday, a Department of Labor report showed that a record-shattering 3.3 million people applied for initial unemployment claims last week. And…

We know our economy is struggling due to coronavirus. But just how much would it cost us to end the quarantine and increase the risk of many Americans dying? How do economists calculate the value…

Last week saw record-high unemployment numbers — an astronomical 3.3 million Americans filed initial claims between March 15 and March 21. But today’s data from the Department of Labor painted a much, much bleaker picture…

Well, it took 10 years, but the streak is over: There was a net loss of American jobs last month. That’s putting it mildly, actually. Today, the first jobs report encompassing the economic fallout from…

The U.S. economy lost 700,000 jobs in March, while more than 10 million Americans filed unemployment claims. The economy is tumbling in the wake of the coronavirus, and now there’s a very real possibility that…

A well-functioning money market is essential to financial and macroeconomic stability (DeFiore et al. 2019). Money market instruments are short-term debt instruments issued by the government, financial institutions or other private sector borrowers. When backed…

Donald R. Davis, Eric Mengus, Tomasz K. Michalski 23 April 2020 In recent years, there has been a great deal of concern about modern labour markets causing both inequality between people as well as inequality…

Covid-19 is rapidly changing the world. At the WTO, we aim to better understand how this pandemic is likely to affect global trade in the near and longer term. As the virus spreads across the…