@TechReport{iza:izadps:dp17139,
            	author={Kudlyak, Marianna and Wolcott, Erin L.},
            	title={Pandemic Layoffs and the Role of Stay-at-Home Orders},
            	year={2024},
	month={Jul},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={17139},
            	url={https://www.iza.org/publications/dp17139},
	abstract={We compile a novel high-frequency, detailed geographic dataset on mass layoffs from U.S. state labor departments. Using recent advances in difference-in-difference estimation with staggered treatment, we find that locally-mandated stay-at-home orders issued March 16–22, 2020 triggered mass layoffs equal to half a percent of the population in just one week. Our findings contribute to explanations for why job loss in 2020 was catastrophic, yet temporary.},
	keywords={COVID-19;pandemic;mass layoffs;unemployment;recovery},
            }