The COVID-19 pandemic constitutes one of the most significant exogenous shocks to global financial markets in recent history, raising questions about the robustness of market efficiency under extreme uncertainty. This study examines whether the pandemic affected the weak-form efficiency of the...

We study whether religiosity is associated with greater economic resilience during the COVID-19 pandemic. Using county-level data from the Quarterly Census of Employment and Wages and the Bureau of Economic Analysis from 2016 to 2024, together with the Religion Census in 2010 and 2020, we...

During the COVID-19 pandemic the US federal government appropriated $189.5 billion in emergency aid to school districts. These funds were supplied to help districts replace lost revenues and to mitigate the harmful effects of the pandemic on learning and other measures of district performance....

The paper provides a descriptive analysis of both the early impacts of COVID on business activity among immigrants and the economic recovery over the next few years. The findings indicate that immigrant business owners were disproportionately affected by COVID in the first month of the pandemic...

The paper provides a descriptive analysis of both the early impacts of COVID on business activity among immigrants and the economic recovery over the next few years. The findings indicate that immigrant business owners were disproportionately affected by COVID in the first month of the pandemic...

Pathogen-stress and terror-management theories predict that lethal epidemics heighten parochial cooperation. We test this prediction experimentally in two nationally representative U.S. samples surveyed before and at the onset of the COVID-19 pandemic. We compare trust and expected...

The COVID-19 pandemic ended a long period of subdued inflation in Japan and renewed attention to the role of expectations in the transmission of monetary policy. This paper analyzes how Japanese households formed inflation expectations between 2006 and 2022, focusing on periods of unconventional...

The COVID-19 pandemic has caused major disruptions in international trade and has raised concerns about adverse effects on international supply chains. Using a unique establishment survey matched with administrative data from Germany, we provide novel evidence on how establishments have adjusted...

The geography of the U.S. opioid epidemic has shifted repeatedly across epidemic waves. After a period in which overdose mortality increasingly burdened rural and suburban communities, the fentanyl era appears to have redirected the crisis toward dense urban cores. Here, we document a post-2015...

As the economy emerges from a crisis, macroeconomic policy confronts a dilemma: a protracted stimulus can foster a more inclusive labor market recovery, yet risks igniting inflation that ultimately undermines workers' welfare through real income erosion. This tension amplifies in the presence of...

This paper aims to review existing research on the career attitudes, values and behaviors of the Millennial generation (born approximately between 1981 and 1996) to differentiate how research evidence confirms or contradicts the stereotypes of Millennials based on their coverage in the popular...

This article compares modes of response to the COVID-19 pandemic in three national automotive sectors. Our analyses of the automotive sector in Germany clearly demonstrate that trade unions were included and their interests considered at the national, industrial, and company level, and in the...

Purpose This paper aims to analyze the connectedness between Gulf Cooperation Council (GCC) stock market index and cryptocurrencies. It investigates the relevant impact of RavenPack COVID sentiment on the dynamic of stock market indices and conventional cryptocurrencies as well as their Islamic...

Purpose This study proposes a hierarchic segmentation that develops a tree-based classification model and classifies the cases into groups. This allows for the definition of e-commerce user profiles for each of the groups. Additionally, it facilitates the development of actions to improve the...

I study how access to foreign-born workers impacts firms and local economics in times of acute crisis. The 2020 H-2B visa lottery randomly gave some U.S. firms the chance to hire low-wage, migrant workers during the height of the COVID-19 pandemic. Using administrative data across three...