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Bridging The Covid-19 Recession: The Don Patinkin Lecture

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  • Martin Eichenbaum

    (Northwestern University)

Abstract

Policymakers in the COVID-19 era face two critical challenges. First, they must design policies that improve the tradeoff between economic activity and health outcomes. Second, they must design policies to reduce the long-run damage that a COVID-19 induced recession inflicts on the economy. This paper briefly discusses appropriate responses to those challenges.

Suggested Citation

  • Martin Eichenbaum, 2020. "Bridging The Covid-19 Recession: The Don Patinkin Lecture," Israel Economic Review, Bank of Israel, vol. 18(1), pages 81-90.
    • Handle: RePEc:boi:isrerv:v:18:y:2020:i:1:p:81-90
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    References listed on IDEAS

    as
    1. Goolsbee, Austan & Syverson, Chad, 2021. "Fear, lockdown, and diversion: Comparing drivers of pandemic economic decline 2020," Journal of Public Economics, Elsevier, vol. 193(C).
    2. Raj Chetty & John N. Friedman & Michael Stepner & The Opportunity Insights Team, 2020. "The Economic Impacts of COVID-19: Evidence from a New Public Database Built Using Private Sector Data," NBER Working Papers 27431, National Bureau of Economic Research, Inc.
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