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International audience; Have negative experiences (in particular, natural disasters) that central bankers’ have known in their early life influenced monetary policy decisions in front of the COVID-19 pandemic? We answer this question using a sample of 19 developing countries. We show that central bankers who experienced episodes of epidemics in their early life lowered interest rates faster and lower during the COVID-19 pandemic. Personal experience of decision-makers has contributed strongly to explain their behavior during the crisis.

Covid-19, climate change, flash floods, heat waves, wildfires: the present contribution originates at a moment in history when emergencies and their retinue of emergency measures proliferate, supersede and worsen (less often improve) each other, and when the side effects of one inform and transform our perceptions of the other. Between the environmental consequences of the current disease outbreak, its economic impacts on clean energy transition and the increased frequency of natural disaster...

International audience; Digital platforms have experienced pressure to restrict and regulate political ad content as a matter of national urgency. Digital ad venues therefore need to identify ads as having political content in order to police whether or not they have appropriate disclosures. However, an algorithmic approach to the categorization may hit difficulties in times of rapid change and if there is not a consensus on what a political ad actually is. We collect data on European and American ads published in the Facebook Ad Library and show that algorithmic determination of what constitutes an issue of national importance resulted in COVID-19-related ads to be disqualified because they do not have an appropriate disclaimer. Our results show that ads run by governmental organizations to inform the population about COVID-19 are more likely to be banned by Facebook's algorithm than ads run by non-governmental organizations. We suggest that this implies that governmental organizations failed to recognize that COVID-19 was a matter of national significance and that ads referring to COVID-19 required a disclaimer. We show that this primarily affects European governmental organizations' ads. It seems that Facebook's policy related to "{Social Issues, Elections or Politics}'' ads is based on US political broadcasting and political advertising rules which are less familiar to European organizations. Our results suggest that in general, most parties, falling within the political ad space have difficulty determining what might be governed by political ad policy, especially in the context of national emergencies.

This paper examines the empirical relationship between individuals’ cognitive and non-cognitive abilities and COVID-19 compliance behaviors using cross-country data from the Survey of Health, Ageing and Retirement in Europe (SHARE). We find that both cognitive and non-cognitive skills predict responsible health behaviors during the COVID-19 crisis. Episodic memory is the most important cognitive skill, while conscientiousness and neuroticism are the most significant personality traits. There is also some evidence of a role for an internal locus of control in compliance. usc Refereed/Peer-reviewed

First published online: 26 May 2020 Panel data covering the French population before and after the outbreak of the Covid-19 epidemic reveal that self-reported health and well-being have improved during the lockdown in comparison to previous years. We name this counterintuitive phenomenon the “eye of the hurricane” paradox: the large majority of individuals who are not infected by the virus may be seeing their current condition in a more positive light than they normally would. There are, however, divergences across social groups that reflect socioeconomic inequalities. In particular, blue-collar workers deviate from the prevailing trend as their level of self-reported health declines over the lockdown period, Parisian residents experience a sudden drop in their subjective well-being, and people working long hours at home exhibit higher levels of stress during the quarantine. The CoCo project is funded by the French Agence Nationale de la Recherche (Flash Covid-19 call for projects).

International audience; We examine how corporate real estate market participants adjust to the take-off of teleworking. We develop an indicator of the exposure of counties to teleworking in France by combining teleworking capacity with incentives and frictions to its deployment. We study how this indicator relates to prices and quantities in the corporate real estate market. We find that for offices in counties more exposed, the Covid-19 crisis has led to (1) higher vacancy rates, (2) less construction, (3) lower prices. Our findings reveal that teleworking has already an impact on the office market. Furthermore, forward-looking indicators suggest that market participants are anticipating the shift to teleworking to be durable.

This essay explores the pedagogical and artistic consequences of the COVID crisis on the “Filming Theatre” MA course at the University of Paul-Valéry Montpellier 3, in which students have to create short videos from Shakespeare’s plays. Cet article examine les conséquences du COVID, en matière pédagogique et artistique, sur le cours « Filmer le théâtre » du Master Cinéma à l’université Paul-Valéry Montpellier 3, cours dans lequel les étudiants et étudiantes doivent réaliser de brèves vidéos à partir des pièces de Shakespeare.

The objective of this paper is to assess the mitigating role of remittances during the adverse COVID-19 employment shock on Nigeriai¯s food insecurity. Based on pre-COVID-19 and postCOVID-19 surveys, we use a difference-in-difference approach while controlling for the time and household fixed effects. Results indicate that remittances are mitigating the negative consequences of COVID-19 employment shocks, especially in the short run. We find that 100% of the deterioration in food insecurity, owing to the shock, is offset by the remittances received. While the adverse effects of the shock persist over time, the mitigation effect of remittances appears to be effective only at the early stages of the pandemic, however. Furthermore, the mitigation effect of remittances seems heterogeneous regarding the origin of remittances, residence area, and poverty status. The mitigation effect of remittances is higher for remittances from abroad than for Domestic ones. We also find a higher mitigating effect of remittances in the rural area and for non-poor households. Finally, our results shed light on the capital channel as a crucial mechanism explaining the mitigation effect of remittances. Notably, findings suggest that formal financial inclusion, capital ownership like livestock or rental earnings, amplifies the attenuating effect of remittances.

COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals’ perceptions regarding ursing homes. We argue that this could have sizable and persistent implications for savings and long-term care policies. We first develop a theoretical model predicting that higher nurs- ing home aversion should induce higher savings and stronger support for policies subsidizing home care. We further document, based on a survey on Canadians in their 50s and 60s, that higher nursing home aversion is widespread: 72% of respondents are less inclined to enter a nursing home because of the pandemic. Consistent with our model, we find that the latter are much more likely to have higher intended savings for older age because of the pandemic. We also find that they are more likely to strongly support home care subsidies.