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We decompose the macroeconomic impact of Covid-19 in the US using three production network measures. First, we estimate the aggregate indirect effect of sectoral employment shocks, finding these "network spillovers" account for approximately 72% of the decline in real GDP over the second quarter...
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We decompose the macroeconomic impact of Covid-19 in the US using three production network measures. First, we estimate the aggregate indirect effect of sectoral employment shocks, finding these “network spillovers” to account for ≈72% of the decline in real GDP over the second quarter of...
Persistent link: https://www.econbiz.de/10014256405
Persistent link: https://www.econbiz.de/10013254206
This paper revisits impact evaluation studies on the largest public workfare in the world, NREGA. In an environment where randomization is not feasible, I show why an impact evaluation exercise on NREGA should acknowledge the existence of an older program, SGRY. Using novel district-level...
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