Pandemic, inequality and public health: A quantitative analysis
Marcelo Arbex,
Luiz A. Barros and
Márcio V. Corrêa
The Quarterly Review of Economics and Finance, 2024, vol. 97, issue C
Abstract:
This paper examines the role of the public health system and inequality during a health crisis (pandemic). We study a two-jurisdiction economy (rich, poor) with two household types (entrepreneurs, workers) and a shock affecting health goods demand and labor productivity. The presence of a public health system helps reduce health consumption inequality and lessens the impact of health shocks on non-health consumption inequality, especially when the pandemic leads to productivity loss. However, it also contributes to increased total consumption inequality, highlighting trade-offs in addressing inequality during a pandemic. Public health provision mitigates pandemic-driven inequality and dampens its rise.
Keywords: Pandemic; Covid-19; Public health; Inequality (search for similar items in EconPapers)
JEL-codes: E60 H0 I18 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:quaeco:v:97:y:2024:i:c:s1062976924000851
DOI: 10.1016/j.qref.2024.101879
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