Labor Productivity In A Pandemic
From the San Francisco Fed-- this post authored by John Fernald, Huiyu Li, and Mitchell Ochse
Source: econintersect.com
Mitchell Ochse News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Mitchell Ochse. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Mitchell Ochse Today - Breaking & Trending Today
Future Output Loss From COVID-Induced School Closures
-- this post authored by John Fernald, Huiyu Li, and Mitchell Ochse The COVID-19 pandemic has caused massive disruptions to the U.S. educational system. Research on school closures - particularly combined with parental income loss - implies that children are likely to attain lower levels of lifetime education compared with pre-pandemic trends. Projections show learning disruptions could lower the level of annual economic output by 1/4 percentage point on average over the next 70 years. The effect is small the first 5-10 years then peaks at a loss of 1/2 percentage point in about 25 years when...
Source: econintersect.com