Fear, Lockdown, and Diversion: Comparing Drivers of Pandemic Economic Decline 2020
NBER Working Paper No. 27432
---- Acknowledgments ----
We would like to thank seminar participants at the University of Chicago for their comments and SafeGraph, Inc. for making their data available for academic COVID research. We thank Roxanne Nesbitt and, especially, Nicole Bei Luo for superb research assistance and the Initiative on Global Markets for financial assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.