Covid-19

How to Interpret Financial Market Movements to Predict the Impact of Coronavirus on GDP

Equity markets in the EU and US dropped by as much as 30 percent, which means that investors have revised downward their estimate of...

Bethany McLean’s Weekend Reading List: Warnings Unheeded, Stock Selling, and the Chinese Cover-Up

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.      I had an utterly irrational sliver of...

How Covid-19 Infected Global Financial Markets: a Webinar

Princeton Professor Markus Brunnermeier and Torsten Slok, Chief Economist for Deutsche Bank Securities, discuss what happened during Wall Street's worst week since the 2008...

Virus-Enhanced Market Power: American Small Businesses Are Kept Hostages by Amazon

Amazon announced restrictions on the type of merchandise it will allow sellers and vendors to send into its warehouses because Amazon’s fulfillment services (FBA) has reached...

“This Crisis Is Different: the Coronavirus Is a Social Disease Which We Need to Tackle as a Community”

In an extensive interview, former Governor of the Reserve Bank of India and Chicago Booth professor Raghuram Rajan discusses the pandemic's impact on financial...

The Electoral Effect of the Virus: How the Coronavirus Is Impacting Democratic Primaries

Compared to 2016, turnout was 22 percent higher (on average) for states voting on Super Tuesday, before Covid-19 emergency measures in the United States....

The Virus Outbreak Changed the Democratic Primaries: Sanders Is Running on Borrowed Time

Joe Biden swept Florida, Illinois, and Arizona on Tuesday, jumping ahead to 1,173 of the 1,991 delegates he needs to win the presidential nomination....

What the European Union Can Do to Overcome Liquidity Shortages for Firms

European institutions can mitigate the negative impact of the coronavirus crisis: the European Investment Bank (EIB) can borrow from the European Central Bank (ECB) and...

Why Mass Testing Is Crucial: the US Should Study the Veneto Model to Fight Covid-19

The Italian experience suggests that locking downtowns is a necessary but insufficient condition to stop the spread of the disease. If 50 percent of...

Populism Weakened the Immune System of Our Democracies. Chile Is an Example

Modern societies have developed immune systems to deal with epidemics: international cooperation, social cohesion, universal health care systems. But today we face the greatest...

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