As the COVID-19 outbreak continues, three USC researchers at the National Center for Risk and Economic Analysis of Terrorism Events (CREATE) – Dr. Adam Rose, Dr. Dan Wei and Dr. Terrie Walmsley – are about to embark on a study of the virus’ economic consequences. Their work is sponsored by a sister-center of the Department of Homeland Security’s Office of University Programs: the Center for Accelerating Operational Efficiency.
For more than a decade, researchers at CREATE, a joint research center between the USC Sol Price School of Public Policy and the USC Viterbi School of Engineering, have worked on analyzing various aspects of health threats such as their severity and timing, costs to healthcare, availability of vaccines, avoidance behavior, resilience and economic consequences. It is clear that the coronavirus is affecting every aspect of life worldwide, from social services to the stock market – and insights on its consequences are sure to be valuable in the rebuilding time to come.
Even as we wait for the direct economic impact of this current viral outbreak, past studies by CREATE researchers remain especially timely today, providing invaluable data that policymakers can explore as they take action to mitigate severe consequences.
While these studies are from years past, CREATE remains a uniquely positioned center to keep an eye on as research about COVID-19’s national and global consequences unfold. Learn more about CREATE’s work by visiting https://create.usc.edu/ and stay up to date on the most timely news from USC Price by checking-in on our news headlines.