| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w29719
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| 来源ID | Working Paper 29719
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| Lethal Unemployment Bonuses? Substitution and Income Effects on Substance Abuse, 2020-21 |
| Casey B. Mulligan
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| 发表日期 | 2022-02-07
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| 出版年 | 2022
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| 语种 | 英语
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| 摘要 | Marginal prices fell, and disposable incomes increased, for drug and alcohol consumers during the pandemic. Most of the amount, timing, and composition of the 240,000 deaths involving alcohol and drugs since early 2020 can be explained by income effects and category-specific price changes. For alcohol, the pandemic shifted consumption from bars and restaurants to homes, where marginal money prices are lower. For more dangerous illegal drugs like fentanyl and methamphetamine, the full price of consumption also significantly fell whenever employment became financially less attractive, as it was while unemployment bonuses were elevated. Both the wage effect and income effects further reduced marginal opioid prices by inducing shifts toward cheap fentanyl. Drug mortality dipped in the months between the $600 and $300 bonuses, especially for age groups participating most in UI. A corollary to this analysis is that national employment rates will be slow to recover due to the increased prevalence of alcohol and, especially, drug addiction. |
| 主题 | Macroeconomics
; Consumption and Investment
; Health, Education, and Welfare
; Health
; Industrial Organization
; Regulatory Economics
; COVID-19
|
| URL | https://www.nber.org/papers/w29719
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587393
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推荐引用方式
GB/T 7714 |
Casey B. Mulligan. Lethal Unemployment Bonuses? Substitution and Income Effects on Substance Abuse, 2020-21. 2022.
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文件名：
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w29719.pdf
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格式：
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Adobe PDF
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