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Unequal consequences of Covid 19: representative evidence from six countries

Author

Listed:
  • Michèle Belot

    (Cornell University)

  • Syngjoo Choi

    (Seoul National University)

  • Egon Tripodi

    (University of Essex)

  • Eline van den Broek-Altenburg

    (University of Vermont)

  • Julian C. Jamison

    (University of Exeter)

  • Nicholas W. Papageorge

    (John Hopkins University)

Abstract

Covid-19 and the measures taken to contain it have led to unprecedented constraints on work and leisure activities, across the world. This paper uses nationally representative surveys to document how people of different ages and incomes have been affected in the early phase of the pandemic. The data was collected in six countries (China, South Korea, Japan, Italy, UK, and US) in the third week of April 2020. First, we document changes in job circumstances and social activities. Second, we document self-reported negative and positive consequences of the crisis on well-being. We find that young people have experienced more drastic changes to their life and have been most affected economically and psychologically. There is less of a systematic pattern across income groups. While lower income groups have been more affected economically, higher income groups have experienced more changes in their social life and spending. A large fraction of people of low and high income groups report negative effects on well-being.

Suggested Citation

  • Michèle Belot & Syngjoo Choi & Egon Tripodi & Eline van den Broek-Altenburg & Julian C. Jamison & Nicholas W. Papageorge, 2021. "Unequal consequences of Covid 19: representative evidence from six countries," Review of Economics of the Household, Springer, vol. 19(3), pages 769-783, September.
  • Handle: RePEc:kap:reveho:v:19:y:2021:i:3:d:10.1007_s11150-021-09560-z
    DOI: 10.1007/s11150-021-09560-z
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    4. Thomas F Crossley & Paul Fisher & Hamish Low & Peter Levell, 2023. "A year of COVID: the evolution of labour market and financial inequalities through the crisis," Oxford Economic Papers, Oxford University Press, vol. 75(3), pages 589-612.
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    6. Dang, Hai-Anh & Huynh, Toan L. D. & Nguyen, Manh-Hung, 2020. "Does the COVID-19 Pandemic Disproportionately Affect the Poor? Evidence from a Six-Country Survey," IZA Discussion Papers 13352, Institute of Labor Economics (IZA).
    7. Dong Zhou & Langchuan Peng & Shouer Chen, 2023. "The Impact of COVID-19 on Women’s Employment: Evidence from China," Economic Analysis Letters, Anser Press, vol. 2(1), pages 57-63, May.
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    9. Astarita, Caterina & Alcidi, Cinzia, 2022. "Did the COVID-19 pandemic impact income distribution?," MPRA Paper 113851, University Library of Munich, Germany.
    10. Giuseppina Migliore & Giuseppina Rizzo & Giorgio Schifani & Giuseppe Quatrosi & Luigi Vetri & Riccardo Testa, 2021. "Ethnocentrism Effects on Consumers’ Behavior during COVID-19 Pandemic," Economies, MDPI, vol. 9(4), pages 1-15, October.
    11. Maryna Tverdostup, 2023. "COVID-19 and Gender Gaps in Employment, Wages, and Work Hours: Lower Inequalities and Higher Motherhood Penalty," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 65(4), pages 713-735, December.
    12. Idurre Lazcano & Joseba Doistua & Aurora Madariaga, 2022. "Effects of the COVID-19 Pandemic on Leisure among the Youth of Spain," Sustainability, MDPI, vol. 14(7), pages 1-16, March.
    13. Jung, Haeil & Kim, Jun Hyung & Hong, Gihyeon, 2023. "Impacts of the COVID-19 crisis on single-person households in South Korea," Journal of Asian Economics, Elsevier, vol. 84(C).
    14. Maryna Tverdostup, 2021. "Gender Gaps in Employment, Wages, and Work Hours: Assessment of COVID-19 Implications," wiiw Working Papers 202, The Vienna Institute for International Economic Studies, wiiw.
    15. Hazar Altınbaş, 2022. "The influence of the pandemic on financial decisions made by individuals in Turkey: A cross-sectional study," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 49(3), pages 341-353, September.
    16. Goenka, Aditya & Liu, Lin & Nguyen, Manh-Hung, 2021. "Modeling optimal quarantines with waning immunity," TSE Working Papers 21-1206, Toulouse School of Economics (TSE), revised Jul 2022.
    17. Kjell Hausken & Mthuli Ncube, 2022. "A Game Theoretic Analysis of Competition Between Vaccine and Drug Companies during Disease Contraction and Recovery," Medical Decision Making, , vol. 42(5), pages 571-586, July.
    18. Conti, G.; & Giustinelli, P.;, 2022. "For Better or Worse? Subjective Expectations and Cost-Benefit Trade-Offs in Health Behavior: An Application to Lockdown Compliance in the United Kingdom," Health, Econometrics and Data Group (HEDG) Working Papers 22/14, HEDG, c/o Department of Economics, University of York.
    19. Gabriella Conti & Pamela Giustinelli, 2023. "For better or worse? Subjective expectations and cost-benefit trade-offs in health behavior," IFS Working Papers W23/19, Institute for Fiscal Studies.
    20. Hai-Anh Dang & Toan L.D. Huynh & Manh-Hung Nguyen, 2023. "Does the COVID-19 pandemic disproportionately affect the poor? Evidence from a six-country survey," Journal of Economics and Development, Emerald Group Publishing Limited, vol. 26(1), pages 2-18, December.
    21. Costas N. Tsouloupas & Constantinos M. Kokkinos, 2023. "Mind, Body, and Pandemic: Understanding the Complex Relationships Between Subjective Well-Being, Physical Activity, and Perceived Multi-Dimensional COVID-19 Impact," SAGE Open, , vol. 13(4), pages 21582440231, November.

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