The MEI summarizes the information in seven different variables based on geolocation data collected from a large sample of mobile devices to gain insight into the economic impact of the pandemic.
U.S. Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak
This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the response to the novel Coronavirus in the United States.
This paper examines the response of the U.S. labor market to a large and persistent job separation rate shock, motivated by the ongoing economic effects of the COVID-19 pandemic.
Complementarity between capital and labor in the production process is an important driver of the fluctuations in macroeconomic uncertainty in the data.
