Warwick economists join cross-institutional initiative to answer policy questions on coronavirus

Researchers from the Department of Economics and CAGE Research Centre, University of Warwick are part of an initiative by the economic research community that answers questions from policymakers and the public about the economics of COVID-19.

Funded by the Economic and Social Research Council, the Economics Observatory is a website that synthesises and explains academic evidence on the economic impact of the coronavirus pandemic and the UK’s recovery. It draws on the expertise of economists from over 30 partner universities and research institutions to provide briefings on key issues relating to coronavirus and the economy.

Warwick economists have helped to answer questions including:

• What happens to trade in a global downturn? (Natalie Chen)
• What are the effects of recessions on health? (Andrew Oswald)
• What are the lessons for today from running a wartime economy? (Mark Harrison)
• What can we learn from historical recessions and depressions? (Nick Crafts)

Arun Advani is part of the Economics Observatory editorial board. He said: “We have seen the UK economy shrink by unprecedented levels due to the coronavirus pandemic and associated lockdown. Restrictions are starting to be lifted, but social distancing measures are likely to be in place for some time and will have continued economic consequences.”

“Economic analysis is essential for understanding the impact of the pandemic and how we can mitigate the long-term economic damage from the crisis. The Economics Observatory provides research-based evidence to enable policymakers to make informed decisions to rebuild the UK economy.”

How to contribute

Research evidence or questions relating to coronavirus and the UK economy can be submitted online via the Economics Observatory website.