Search Results

What Can We Learn from the Spanish Flu Pandemic of 1918-19 for COVID-19? - Economic Synopses

As the Spanish flu became more widespread and its dangers apparent, many cities sought to contain the virus by imposing restrictions on social and economic interactions.

research.stlouisfed.org/.../

On the Aggregate Implications of Removing Barriers to Formality - Review

This article examines the aggregate implications of several policies aimed at removing barriers to formality. To this end, we build a dynamic equilibrium model in which heterogeneous agents choose to work for a wage or operate a technology in the formal or informal sector, based on the costs and benefits associated with these occupational choices. 

research.stlouisfed.org/.../05/01/on-the-aggregate-implications-of-removing-barriers-to-formality

Schools and Stimulus - Review

This article analyzes the impact of the education funding component of the American Recovery and Reinvestment Act of 2009 (Recovery Act) on public school districts. We use cross-sectional differences in district-level Recovery Act funding to investigate the program’s impact on staffing, expenditures, and debt accumulation. 

research.stlouisfed.org/publications/review/2020/05/01/schools-and-stimulus

Responses of International Central Banks to the COVID-19 Crisis - Review

This article reviews and explains the recent policy reactions of the Federal Reserve, the European Central Bank, the Bank of England, and the Bank of Japan to the financial and macroeconomic turmoil caused by the COVID-19 pandemic. The financial and monetary policy actions of major central banks in the most recent crisis have, by some metrics, surpassed their responses to the Global Financial Crisis of 2007-09 in both swiftness and scope.

research.stlouisfed.org/.../10/22/responses-of-international-central-banks-to-the-covid-19-crisis

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