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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28422 |
来源ID | Working Paper 28422 |
The Incidence of Extreme Economic Stress: Evidence from Utility Disconnections | |
Steve Cicala | |
发表日期 | 2021-02-01 |
出版年 | 2021 |
语种 | 英语 |
摘要 | This paper uses monthly zip code-level data on electricity disconnections to document the socioeconomic correlates of extreme economic distress among 5 million customers in Illinois. In 2018-2019, customers in Black and Hispanic zip codes were about 4 times more likely to be disconnected for non-payment, 2-3 times more likely to be on deferred payment plans, and 70% more likely to participate in utility-based low-income assistance programs, controlling for zip code distributions of income and other demographic characteristics. During the COVID-19 pandemic, there has been a nine-fold expansion in low-income assistance to pay utility bills, but disconnections were double and deferred payment plans triple their historical averages in October 2020. Disconnection notices were served to 2.5% of commercial and industrial accounts, and 3.4% of residential accounts each month in late 2020. About 20% of all accounts were charged late fees. The odds for each of these measures were multiples higher in minority and low-income zip codes. |
主题 | Financial Economics ; Health, Education, and Welfare ; Poverty and Wellbeing ; Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy ; COVID-19 |
URL | https://www.nber.org/papers/w28422 |
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/586094 |
推荐引用方式 GB/T 7714 | Steve Cicala. The Incidence of Extreme Economic Stress: Evidence from Utility Disconnections. 2021. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28422.pdf(1070KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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