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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27127 |
来源ID | Working Paper 27127 |
Is the Cure Worse than the Problem Itself? Immediate Labor Market Effects of COVID-19 Case Rates and School Closures in the U.S. | |
Felipe Lozano Rojas; Xuan Jiang; Laura Montenovo; Kosali I. Simon; Bruce A. Weinberg; Coady Wing | |
发表日期 | 2020-05-11 |
出版年 | 2020 |
语种 | 英语 |
摘要 | The relationship between population health and measures of economic well-being and economic activity is a long standing topic in health economics (Preston, 1975; Cutler, Deaton, and Lleras-Muney, 2006; Ruhm, 2000). The conceptual issues in analyzing the complicated link between health and economic well-being are central to understanding the implications of the COVID-19 epidemic in the United States The public health shock of the epidemic has direct economic impacts, but the mitigation policies governments are using to control the spread of the virus may also damage economic activity. We estimate how state job market conditions respond to state COVID-19 infections and school closures, which are the earliest of the major mitigation policies. Mitigation policies and local epidemiological conditions explain some of the variation in unemployment patterns. However, the historically unprecedented increase in new UI claims during the weeks of March 15-21 and March 22-28 was largely across-the-board and occurred in all states. This suggests most of the economic disruption was driven by the health shock itself. Put differently, it appears that the labor market slowdown was due primarily to a nationwide response to evolving epidemiological conditions and that individual state policies and own epidemiologic situations have had a comparatively modest effect. |
主题 | Health, Education, and Welfare ; Health ; Labor Economics ; Unemployment and Immigration ; COVID-19 |
URL | https://www.nber.org/papers/w27127 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584800 |
推荐引用方式 GB/T 7714 | Felipe Lozano Rojas,Xuan Jiang,Laura Montenovo,et al. Is the Cure Worse than the Problem Itself? Immediate Labor Market Effects of COVID-19 Case Rates and School Closures in the U.S.. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27127.pdf(702KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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