Breunig, Robert; Cheng, Wei; Montenovo, Laura; Lee, … - National Bureau of Economic Research - 2024
different case levels and policy responses: the United States, Australia, France, Denmark, Italy, South Korea, Spain, and Sweden … remained employed (but absent from work) versus unemployed or left the labor force. The authors find large employment decreases … variety of evidence suggests that labor demand was likely a larger driver of employment declines than labor supply and that …