April 2020: The Macroeconomics of COVID-19

Tom Michl has written a set of notes trying to make sense of the economic effects of the COVID-19 pandemic using the approach of Growth and Distribution. These notes evaluate a serious shock to investment following the spread of the pandemic and the shutdown in economic activity through the various closures: Classical Conventional Wage Share, Classical Full Employment, Neoclassical Growth, and the Keynesian closure. It may be of help to those currently using the book in their teaching. The notes are in the pdf file just below.

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