Business Failures, Networks and Sectoral Reallocation under COVID-19

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Chair:
Pierre-Olivier Gourinchas
, University of California-Berkeley

A Keynesian Production Network Model of the COVID-19 Crisis

Emmanuel Farhi
,
Harvard University
David Rezza Baqaee
,
University of California-Los Angeles

Sectoral Effects of Social Distancing

Jean-Noël Barrot
,
HEC Paris and CEPR
Basile Grassi
,
Bocconi University, CEPR and IGIER
Julien Sauvagnat
,
Bocconi University, CEPR and IGIER

COVID-19 and Business Failures

Pierre-Olivier Gourinchas
,
University of California-Berkeley
Sebnem Kalemli-Ozcan
,
University of Maryland and International Monetary Fund
Veronika Penciakova
,
Federal Reserve Bank of Atlanta
Nick Sander
,
Bank of Canada

COVID-19 Is a Persistent Reallocation Shock

Jose Maria Barrero
,
ITAM Business
Nicholas Bloom
,
Stanford University
Steven J. Davis
,
University of Chicago
Discussant(s)
Jennifer La'O
,
Columbia University
Vasco M. Carvalho
,
University of Cambridge
Brent Neiman
,
University of Chicago
John C. Haltiwanger
,
University of Maryland