A Literature Review of the Economics of COVID-19

Produced by: 
Institute for the Study of Labor (IZA)
Available from: 
June 2020
Paper author(s): 
Abel Brodeur
David M. Gray
Anik Islam
Suraiya Jabeen Bhuiyan
Topic: 
Theory
Year: 
2020

The goal of this piece is to survey the emerging and rapidly growing literature on the economic consequences of COVID-19 and government response, and to synthetize the insights emerging from a very large number of studies. This survey (i) provides an overview of the data sets used to measure social distancing and COVID-19 cases and deaths; (ii) reviews the literature on the determinants of compliance and effectiveness of social distancing; (iii) summarizes the literature on the socio-economic consequences of COVID-19 and government interventions, focusing on labor, health, gender, discrimination and environmental aspects; and (iv) discusses policy proposals.

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Research section: 
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