No previous infectious disease outbreak, including the Spanish Flu, has impacted the stock market as forcefully as the COVID-19 pandemic. In fact, previous pandemics left only mild traces on the U.S. stock market. We use text-based methods to develop these points with respect to large daily...

The COVID-19 pandemic led to large and lasting changes in the world of work, particularly to a sharp increase in work from home (WFH). Since then, many employers have offered WFH to their employees as an amenity worth about 5% of current pay, but more among women and parents (see Aksoy et al,...