The Disproportionate Effects of COVID-19 on Households with Children
Olivier Armantier,
Gizem Kosar,
Rachel Pomerantz and
Wilbert van der Klaauw
No 20200813, Liberty Street Economics from Federal Reserve Bank of New York
Abstract:
A growing body of evidence points to large negative economic and health impacts of the COVID-19 pandemic on low-income, Black, and Hispanic Americans (see this LSE post and reports by Pew Research and Harvard). Beyond the consequences of school cancellations and lost social interactions, there exists considerable concern about the long-lasting effects of economic hardship on children. In this post, we assess the extent of the underlying economic and financial strain faced by households with children living at home, using newly collected data from the monthly Survey of Consumer Expectations (SCE).
Keywords: economic hardship; pandemic; COVID-19; households (search for similar items in EconPapers)
JEL-codes: D14 I18 (search for similar items in EconPapers)
Date: 2020-08-13
New Economics Papers: this item is included in nep-hea
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