Full Citation
Title: The Short-Term Effect of COVID-19 on Employment and Wages
Citation Type: Miscellaneous
Publication Year: 2020
ISBN:
ISSN:
DOI:
NSFID:
PMCID:
PMID:
Abstract: Background COVID-19 is a novel infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The disease was first identified in 2019 in Wuhan, China, and has since spread globally, resulting in a pandemic. The COVID-19 epidemic has had tragic human consequences felt beyond China and other infected countries. In addition from being a human tragedy, COVID-19 is also an economic tragedy. Evidence of the catastrophic impacts of COVID-19 is by now voluminous (studies in general, not only econ). For instance, a preliminary UN's trade and development agency, UNCTAD downside scenario expects a $2 trillion shortfall in global income with a $US220 billion hit to developing countries (excluding China) (https://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=2300). Research Questions The central questions in this paper are: (1) What are the short-term impacts of COVID-19 on employment and wages? (2) Are there larger effects for states with a greater number of COVID-19 cases and deaths? (3) Do the economic consequences vary across demographic groups, union status, and immigration status? (4) What are the short-term impacts of COVID-19 on self-employed workers? (5) Are there larger effects for relatively more “risky” occupations? (6) Are there smaller effects for individuals in occupations who can easily work from home? To answer (5) and (6), we built indexes using data on exposure to disease, physical proximity to other people and how easily occupations can work from home using pre-COVID-19 data on method of transportation to work.
Url: https://osf.io/5y8n3/download
User Submitted?: No
Authors: Beland, Louis- Phillipe; Brodeur, Abel; Wright, Taylor
Publisher:
Data Collections: IPUMS CPS
Topics: Population Health and Health Systems
Countries: