At Least 42 Percent of Covid Layoffs Will Be Permanent
![At Least 42 Percent of Covid Layoffs Will Be Permanent](https://87e04a.a2cdn1.secureserver.net/wp-content/uploads/2020/07/covid-reallocation-shock.png?time=1722027310)
Covid-19 is Also a Reallocation Shock, a recent white paper from the National Bureau of Economic Research, makes some troubling predictions for the U.S. economy. The researchers anticipate a drawn-out economic recovery from the Covid-19 shock, even if the pandemic is largely controlled within a few months. They also estimate that 42 percent of recent […]