Macroeconomic and Asset Pricing Effects of Supply Chain Disasters

The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research and the U.S. Census Bureau. We thank Hengjie Ai, Gianluca Benigno, Andrew Chen, Andrea Frazzini, Stefano Giglio, Urban Jermann, Yukun Liu, Dimitris Papanikolaou for useful comments. We are grateful to Tobin Center for Economic Policy at Yale for funding the data acquisition for this project. The Census Bureau’s Disclosure Review Board and Disclosure Avoidance Officers have reviewed this information product for unauthorized disclosure of confidential information and have approved the disclosure avoidance practices applied to this release. This research was performed at a Federal Statistical Research Data Center under FSRDC Project Number 2012 (CBDRBFY22-P2012-R10065).