Kevin Murphy on the Economics of COVID-19

University of Chicago economist Kevin Murphy offers an overview of his research into the broad economic impact of the COVID-19 pandemic

Recording Time Stamps
(00:45)     Introduction to Kevin Murphy and his latest research
(09:54)     Analysis of lives lost vs. economic costs of COVID-19
(21:14)     How has lost labor affected the economy?
(26:04)     Policies to help prevent the spread of COVID-19
(31:54)     A global review of preventative strategies
(38:14)     Should we focus on flattening the curve or achieving herd immunity?
(48:23)     Guidelines for reopening the economy
(56:09)     Finding and assessing reliable information

Professor Murphy is the George J. Stigler Distinguished Service Professor of Economics at the University of Chicago Booth School of Business. In 1997, Professor Murphy was awarded the John Bates Clark Medal by the American Economic Association as the most outstanding American economist under the age of 40. In 2005, he received a MacArthur Fellowship. This webcast was recorded on May 12, 2020.


Kevin Murphy is not affiliated with Dimensional Fund Advisors. This material contains the opinions of the authors but not necessarily of Dimensional Fund Advisors LP.

This webcast replay is distributed for informational purposes only. It is provided in good faith without any warranty and is intended for the recipient's background information for discussion purposes. It does not constitute investment advice, recommendation, or an offer of any services or products for sale and is not intended to provide a sufficient basis on which to make an investment decision. It is the responsibility of any persons wishing to make a purchase to inform themselves of and observe all applicable laws and regulations. It should not be misconstrued or otherwise interpreted as legal, tax or financial advice. Please consult with qualified legal, tax or financial professionals regarding your individual circumstances. Dimensional accepts no responsibility for loss arising from the use of the information contained herein. All expressions of opinion are subject to change.