Modern health crises: Recession and recovery - Chang Ma, John Rogers, Sili Zhou (VoxEU.org) The EU response to the coronavirus crisis: How to get more bang for the buck - Massimo Bordignon, Guido Tabellini (VoxEU.org) Pandemic Recession: L or V-Shaped? - Victoria Gregory, Guido Menzio, David G. Wiczer (NBER WP) COVID-19 and the Welfare Effects of Reducing Contagion - Robert S. Pindyck (NBER WP) How to pay for the (pandemic) war - Francesco Bianchi, Renato Faccini, Leonardo Melosi  (VoxEU.org) Challenges in Nowcasting GDP Growth - FRB ..read more

Making the Best of a Post-Pandemic World - Dani Rodrik Banking regulation in the euro area: Germany is different Nicolas Véron (PIIE) Covid Economics: Vetted and Real-Time Papers - Issue 16, CEPR COVID-19 Is Also a Reallocation Shock - Jose Maria Barrero, Nicholas Bloom and Steven J. Davis (SSRN) Risks of Growing Debt vs. Fiscal Stringency in the COVID-19 Crisis - William G. Gale and Zachary Obstfeld (EconoFact) Federal Reserve System International Facilities- Bruce Mizrach and Christopher J. Neely (St Louis Fed) Bank resolution frameworks in systemic crises - Thorste ..read more

Can the Covid Bailouts Save the Economy? - Elenev, Landvoigt and van Nieuwerburgh (CEPR DP) Consumption in the time of Covid-19: Evidence from UK transaction data - Hacioglu, Känzig and Surico (CEPR DP) Supply and Demand in Disaggregated Keynesian Economies with an Application to the Covid-19 Crisis - Baqaee and Farhi (CEPR DP) Navigating Deglobalization - Mohamed A. El-Erian (PS) Long haul lockdown: Three scenarios for the impact of coronavirus on the UK economy - Leslie, Hughes, McCurdy, Pacitti, Smith and Tomlinson (VoxEU) The economic impact of Covid-19 in Europe and the US ..read more

The case for permanent stimulus - Paul Krugman (VoxEU) How COVID-19 is transforming the world economy - Kilic and Marin (VoxEU) When Do Shelter-in-Place Orders Fight Covid-19 Best? Policy Heterogeneity Across States and Adoption Time - Dave, Friedson, Matsuzawa and Sabia (SSRN) Liquidity Provision during a Pandemic - Kahn and Wagner (SSRN) The job numbers are horrible. But there’s more to this story - Betsey Stevenson (Washington Post ..read more

Eurogroup Statement on the Pandemic Crisis Support - Eurogroup The asymmetric impact of COVID-19 confinement measures on EU labour markets - Torrejón Pérez, Fana, González-Vázquez and Fernández-Macías (VoxEU) The impact of COVID-19 on European household expectations - Gene Ambrocio  (VoxEU) Coronavirus and commodity markets: Lessons from history - Peter Nagle (World Bank) Sector-Specific Shocks and the Expenditure Elasticity Channel During the COVID-19 Crisis - Ana Danieli and Jane Olmstead-Rumsey (SSRN) Rebuilding better after Covid-19, part 2 - Marti ..read more

Blogs, Opinions and Academic papers COVID-19 will raise inequality if past pandemics are a guide - Furceri, Loungani, Ostry, and Pizzuto (VoxEU) The U.S. Labor Market During the Beginning of the Pandemic Recession - Cajner et al COVID-19 crisis in the euro area: recession or “double-peak” expansion? - CEPR-EABCN Euro Area Business Cycle Dating Committee Figures of the week: The costs of financing Africa’s response to COVID-19 - Chris Heitzig (Brookings) Two months before the cliff - Catarina Midoes (Bruegel) The possible shapes of recoveries in Markov-s ..read more

Blogs, Opinions and Academic papers COVID-19 lockdowns have increased support for incumbents, trust in government, and satisfaction with democracy - Blais, Bol, Giani and Loewen  (VoxEU) Germany’s Judges Declare War on the ECB - Willem H Buiter The value of social distancing is not equally distributed - Barnett-Howell and Mobarak (VoxEU) The Threat of Enfeebled Great Powers - Arvind Subramanian (PS) Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change? - Hepburn, O’Callaghan, Stern, Stiglitz and Zenghelis  Fis ..read more

Blogs, Opinions and Academic papers Why the media in UK and US has moved beyond manufacturing consent, and why that has led to a war about reporting COVID-19  - Simon Wren-Lewis How to escape the trap of excessive debt - Martin Wolf (FT) Viral recessions: Lack of demand during the coronavirus crisis - Veronica Guerrieri, Guido Lorenzoni, Ludwig Straub, Iván Werning (VoxEU) Real-time consumer spending responses to the COVID-19 crisis and government lockdown - Dimitris K. Chronopoulos, Marcel Lukas, John O.S. Wilson (VoxEU) Southern European and emerging marke ..read more

Blogs, Opinions and Academic papers Towards a European Reconstruction Fund - Luis Garicano China's weak social safety net will dampen its economic recover - Nicholas R. Lardy (PIIE) and Tianlei Huang (PIIE) China’s overseas lending and the looming developing country debt crisis - Sebastian Horn, Carmen Reinhart, Christoph Trebesch The Problem With MMT - Willem Buiter (PS) In the Race for a Coronavirus Vaccine, We Must Go Big. Really, Really Big -  Susan Athey, Michael Kremer, Christopher Snyder and Alex Tabarrok Immigrant key workers in Europe: The COVID-19 resp ..read more

The Case for Deeply Negative Interest Rates - Kenneth Rogoff (PS) Supporting people and companies to deal with the COVID-19 virus - OECD A trade bargain to secure supplies of medical goods - Simon Evenett, L Alan Winters (VoxEU) Debt restructuring in the time of COVID-19: Private and official agreements - Silvia Marchesi, Tania Masi (VoxEU) The case for a new Marshall Plan - Alexia Delfino, Raffaella Sadun (VoxEU) You Can Lead a Horse to Water, But You Can’t Make It Drink - Tim Duy Hunger amid plenty: How to reduce the impact of COVID-19 on the wor ..read more