fbpx Reopening the Coronavirus - Closed Economy - James Stock | Harvard Kennedy School

Abstract

May 2020, Paper, "The COVID-19 pandemic and resulting shutdown of much of the United States to attempt to contain the SARSCoV-2 virus produced a sudden and unprecedented economic contraction. The questions the nation face today are how and when to reopen the economy and get people back to work, while also achieving public health goals.  This note briefly reviews the main considerations in answering these questions, drawing from the economic research conducted over the past eight weeks.This research can and should help the public and policymakers evaluate the difficult choices that lie ahead of us so we can avoid the worst case outcome – large numbers of deaths and a prolonged, deep, and painful recession." Read on Brookings.edu