Daniel Shoag and Heyu Xiong, of Weatherhead, demonstrate how federal intervention can alleviate financial pressures faced by state governments

The case for a massive federal aid package for states and cities

VOX: Research by Daniel Shoag and Heyu Xiong, faculty in the Department of Economics at the Weatherhead School of Management, is cited to demonstrate how federal intervention can alleviate some of the financial pressure faced by state governments due to the ongoing COVID-19 outbreak.