COVID-19 Economics
How did the economy react to the onset of COVID-19? Join economist, professor, and author Dr. David Laibson for a deep dive on the pandemic's effect on the real and financial economies and the impact of the vaccines being used to combat it.
Dr. David Laibson
The onset of COVID-19 in 2020 produced a dramatic change in economic activity. Join economist, professor, and Pearson author David Laibson for a look at the real economy, asset markets, monetary policy, and fiscal policy. Special focus will be given to contrasts between the real economy (e.g., a period of record-setting unemployment), the financial economy (record-setting stock prices), and the impact of the COVID-19 vaccine.
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About the speaker
Dr. David Laibson, Harvard University
David Laibson is the Robert I. Goldman Professor of Economics and a Faculty Dean of Lowell House at Harvard University. He leads Harvard's Foundations of Human Behavior Initiative. Laibsonʼs research focuses on the topic of behavioral economics, with emphasis on intertemporal choice, self-regulation, behavior change, household finance, public finance, macroeconomics, asset pricing, aging, and biosocial science. He is a member of the National Bureau of Economic Research, where he directs the National Institute of Aging Roybal Center for Behavior Change in Health and Savings, and is a Research Associate in the Aging, Asset Pricing, and Economic Fluctuations Working Groups. Laibson serves on Harvardʼs Pension Investment Committee and on the Board of the Russell Sage Foundation, where he chairs the finance committee, as well as the advisory boards of the Social Science Genetics Association Consortium and the Consumer Finance Institute of the Federal Reserve Bank of Philadelphia. He has served as the Chair of the Department of Economics at Harvard University and as a member of the Academic Research Council of the Consumer Financial Protection Bureau.
Laibson is a recipient of a Marshall Scholarship. He is a Fellow of the Econometric Society. He is an elected member of the American Academy of Arts and Sciences, the National Academy of Social Insurance, and the National Academy of Sciences. He is a two-time recipient of the TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security. Laibson holds degrees from Harvard University (AB Economics, summa cum laude), the London School of Economics (MSc in Econometrics and Mathematical Economics), and the Massachusetts Institute of Technology (PhD in Economics). He received his PhD in 1994 and has taught at Harvard since then. In recognition of his teaching, he has been awarded Harvardʼs ΦΒΚ Prize and a Harvard College Professorship. Laibson is co-author of two Pearson titles: Macroeconomics, 3rd Edition and Microeconomics, 3rd Edition.