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October 26, 2023

Working from Density

Is the COVID-19-driven surge in remote work temporary or permanent? To assess how the geography of work may evolve, we analyze the pre-pandemic status quo. Casual theorizing might suggest that…

October 23, 2023

Spatial Spillovers and the Effects of Fiscal Stimulus: Evidence from Pandemic-Era Federal Aid for State and Local Governments

Abstract We analyse whether US federal aid to state and local governments impacted economic activity through either direct or cross-state spillover effects during the COVID-19 pandemic. Deploying an instrumental-variables framework…

July 18, 2023

The Great Recession, COVID-19, Interest Hikes Left a 15-Year Mark on Housing

How have the Great Recession in 2007, the COVID-19 pandemic that hit in 2020, and the Federal Reserve’s interest rate hikes that started in 2022 affected mortgages in the region?…