Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Will COVID-19 Set off the Next Global Financial Crisis?

Cyn-Young PARK
Keywords: COVID-19, Pandemic, financial crisis
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Ten Keys in Beating Back Cov-19 and the Associated Economic Pandemic

Shang-Jin WEI
In a Project Syndicate column that I wrote on January 27, 2020, I predicted a turning point in the spread of the novel coronavirus in China by the second or third week of February and the end of the epidemic by early May. That projection is based on a combination of the experience in ending the SARS...
Keywords: COVID-19, Pandemic, Key points
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Heuristics in Policymaking: It’s Time to Figure out what Drives Policy Uncertainty

Hong ZHANG, Xiao JI, Mengyu WANG
Policymaking under the pandemic pressure could be subject to cognitive heuristics, allowing the resulting policy uncertainty to influence the market negatively.Researches in economics and finance have long recognized the importance of policy uncertainty. However, most studies take policy uncertainty...
Keywords: COVID-19, Pandemic, Policymaking
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Singapore’s Policy Response to COVID-19

Danny QUAH
In this chapter, I describe Singapore’s economic policy response to the 2020 COVID-19 outbreak. Although the core interest in this discussion is economic, two companion attributes in the suite of Singapore’s policies feature prominently. The first concerns trust in political leadership; the seco...
Keywords: COVID-19, Pandemic, Policy response, Singapore
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Containing the Virus or Reviving the Economy? Evidence from Individual Expectations During the COVID-19 Epidemic

Jing WU, Keyang LI, Jubo YAN, Yu QIN
How does an epidemic affect individuals’ expectations on economic prospects? Do people care more about containing the disease or sustaining normal economic activities during the epidemic? We implement an incentivized longitudinal online survey on economic expectations with randomized controlled tr...
Keywords: COVID-19, Expectation, Longitudinal Survey, RCT
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