Data and Code for: Sectoral Effects of Social Distancing
Principal Investigator(s): View help for Principal Investigator(s) Jean-Noel Barrot, HEC Paris, CEPR; Basile Grassi, Bocconi University, CEPR; Julien Sauvagnat, Bocconi University, CEPR
Version: View help for Version V1
Name | File Type | Size | Last Modified |
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Replication-AEAPP | 04/27/2021 08:49:AM |
Project Citation:
Barrot, Jean-Noel, Grassi, Basile, and Sauvagnat, Julien. Data and Code for: Sectoral Effects of Social Distancing. Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-05-05. https://doi.org/10.3886/E138901V1
Project Description
Summary:
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The outbreak of the Covid-19 virus has led many states to take drastic
measures of social distancing. Using US executive order, occupation and
survey data, we measure the fall in labor supply due to these measure.
Starting from a model of production networks, we analyze the sectoral
effects of these labor shocks for the United States. We find that
non-linearities in the production network account for around half of the
drop in GDP associated to the implementation of social distancing
measures. The model also generates realistic dispersion in sectoral
output change. We provide here the replication package to construct the fall in labor supply, the figures and tables of the paper, and, to solve our model of production network.
Scope of Project
JEL Classification:
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E10 General Aggregative Models: General
E23 Macroeconomics: Production
E27 Macroeconomics: Consumption, Saving, Production, Employment, and Investment: Forecasting and Simulation: Models and Applications
E65 Studies of Particular Policy Episodes
J22 Time Allocation and Labor Supply
E10 General Aggregative Models: General
E23 Macroeconomics: Production
E27 Macroeconomics: Consumption, Saving, Production, Employment, and Investment: Forecasting and Simulation: Models and Applications
E65 Studies of Particular Policy Episodes
J22 Time Allocation and Labor Supply
Geographic Coverage:
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USA
Time Period(s):
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2020 – 2020 (Covid Outbreak 2020)
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