Unequal Welfare Costs of Staying at Home across Socioeconomic and Demographic Groups

Hakan Yilmazkuday

No 2116, Working Papers from Florida International University, Department of Economics

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.

Keywords: COVID-19; Coronavirus; Staying at Home; Welfare; Demographics (search for similar items in EconPapers)
JEL-codes: I14 I31 R11 R13 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2021-09
New Economics Papers: this item is included in nep-isf and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://economics.fiu.edu/research/pdfs/2021_working_papers/21161.pdf First version, 2021 (application/pdf)

Related works:
Journal Article: Unequal welfare costs of staying at home across socioeconomic and demographic groups (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:fiu:wpaper:2116

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