On Wednesday, June 17 at 12:30 PM ET, Raj Chetty joined the Princeton Bendheim Center for Finance to discuss new research that documents the real-time impacts of COVID-19 on people, businesses, and communities using private sector data. Chetty is a Professor of Public Economics at Harvard University. The event began with a brief discussion by Markus Brunnermeier, Director of the Princeton Bendheim Center for Finance. Chetty then presented. Both Brunnermeier and Chetty took questions from the audience.
Learn more about the COVID-19 webinar series organized by Markus Brunnermeier: https://bcf.princeton.edu/event-directory/covid19/
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Markus Brunnermeier introduction: 0:00
Beginning of Chetty presentation: 13:25
Data partners: 17:58
Constructing economic indices based on private-sector data: 19:25
National accounts data: 26:38
Changes in consumer spending: 28:58
Impacts of covid-19 on consumer spending: 30:50
Impacts of covid-19 on business: 39:12
Impacts of covid-19 on employment: 45:14
State ordered re-openings: 50:20
Stimulus payments: 52:55
Loans to small businesses: 59:09
Long term impacts: 1:02:21
Policy implications: 1:04:09
Q&A: 1:07:06