 Safe at Last? LATE Effects of a Mass Immunization Campaign on Households’ Economic InsecurityA Belmonte and
Harry Pickard
CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE) Abstract: We study the effects of receiving immunization from Covid-19 on households’ economic insecurity. To provide causal estimates we use a fuzzy regression discontinuity design (RDD) which takes advantage of the United Kingdom’s immunization plan. The plan was primarily based on age, granting differential eligibility to proximate cohorts. We estimate local average treatment effects (LATE) on perceived levels of economic insecurity, today and in the future. We find that immunization triggered less pessimistic financial feelings, among the vaccinated interviewees, particularly when looking at 3 months ahead. Using a differencein-discontinuity design we next document that immunization was more salient for women as well as for large households with children. Our results indicate that the mass immunization campaign against Covid-19 had relevant short-run economic effects, well beyond its expected impact on people’s health Keywords: Economic insecurity; Covid-19 immunization campaign; RDD; difference-indiscontinuity; United Kingdom JEL Classification:: D14; D90; G51; I38 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cge:wacage:604 Access Statistics for this paper More papers in CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE) Contact information at EDIRC. |
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