NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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COVID-19 Is Also a Reallocation Shock

Jose Maria Barrero, Nicholas Bloom, Steven J. Davis

NBER Working Paper No. 27137
Issued in May 2020

---- Acknowledgments ----

We thank the Federal Reserve Bank of Atlanta, the Sloan Foundation, and the University of Chicago Booth School of Business for financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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