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Working Paper
Voluntary and Mandatory Social Distancing: Evidence on COVID-19 Exposure Rates from Chinese Provinces and Selected Countries
This paper considers a modification of the standard Susceptible-Infected-Recovered (SIR) model of epidemics that allows for different degrees of compulsory as well as voluntary social distancing. It is shown that the fraction of the population that self-isolates varies with the perceived probability of contracting the disease. Implications of social distancing both on the epidemic and recession curves are investigated and their trade off is simulated under a number of different social distancing and economic participation scenarios. We show that mandating social distancing is very effective ...
Discussion Paper
Sheltering in Place? A Closer Look at Pandemic Rental Instability in Six Southeastern States
From a federal policy standpoint, the plan to stabilize renter households through the COVID-19 pandemic hinged on two actions: the implementation of a nationwide eviction moratorium and the disbursement of emergency rental assistance. This plan relied on four key expectations. First, a federal eviction moratorium was expected to prevent the displacement of renters during the pandemic. Second, it was anticipated that rental relief funds needed to quickly reach households in need to offset growing arrearages. Third, it was assumed that working members of renter households would resume their ...