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Articles

Unequal welfare costs of staying at home across socioeconomic and demographic groups

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Pages 347-365 | Received 17 Jan 2021, Accepted 29 Jun 2021, Published online: 12 Jul 2021
 

ABSTRACT

Using daily census block group level data from the U.S., this paper investigates the welfare costs of staying at home due to COVID-19 across socioeconomic and demographic groups. The investigation is based on an economic model of which implications suggest that the welfare costs of staying at home increase with the stay-at-home probabilities of individuals. The empirical results provide evidence for significant heterogeneity across census block groups regarding the welfare effects of staying at home. This heterogeneity is further used to obtain measures of welfare changes for different socioeconomic and demographic groups at the national level.

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Acknowledgments

The author would like to thank the editors, Davy Janssens and Chang Hyeon Joh, as well as two anonymous referees for their helpful comments and suggestions. The usual disclaimer applies.

Disclosure statement

No potential conflict of interest was reported by the author(s).

Notes

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