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Lethal Unemployment Bonuses? Substitution and Income Effects on Substance Abuse, 2020-21
Mulligan, Casey B. - National Bureau of Economic Research - 2022
Marginal prices fell, and disposable incomes increased, for drug and alcohol consumers during the pandemic. Most of the amount, timing, and composition of the 240,000 deaths involving alcohol and drugs since early 2020 can be explained by income effects and category-specific price changes. For...
Persistent link: https://www.econbiz.de/10012938688
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The Missing Baby Bust : The Consequences of the COVID-19 Pandemic for Contraceptive Use, Pregnancy, and Childbirth among Low-Income Women
Bailey, Martha J.; Bart, Lea J.; Lang, Vanessa Wanner - National Bureau of Economic Research - 2022
Multiple episodes in U.S. history demonstrate that birth rates fall in response to recessions. However, the 2020 COVID-19 recession differed from earlier periods in that employment and access to contraception and abortion fell, as reproductive health centers across the country temporarily closed...
Persistent link: https://www.econbiz.de/10012938691
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E-commerce During Covid : Stylized Facts from 47 Economies
Alcedo, Joel - 2022
We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with...
Persistent link: https://www.econbiz.de/10012938698
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The 2021 Paycheck Protection Program Reboot : Loan Disbursement to Employer and Nonemployer Businesses in Minority Communities
Fairlie, Robert W.; Fossen, Frank M. - National Bureau of Economic Research - 2022
Was the $278 billion reboot of the $800 billion Paycheck Protection Program (PPP) in early 2021 disbursed equitably to minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the third and final round of the program, which was...
Persistent link: https://www.econbiz.de/10012938701
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From Anti-vax Intentions to Vaccination : Panel and Experimental Evidence from Nine Countries
Galasso, Vincenzo; Pons, Vincent; Profeta, Paola; … - National Bureau of Economic Research - 2022
Millions of people refuse COVID-19 vaccination. Using original data from two surveys in nine OECD countries, we analyze the determinants of anti-vax intentions in December 2020 and show that half of the anti-vax individuals were vaccinated by summer 2021. Vaccinations were more likely among...
Persistent link: https://www.econbiz.de/10012938710
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Corporate Flexibility in a Time of Crisis
Barry, John W.; Campello, Murillo; Graham, John R.; Ma, … - National Bureau of Economic Research - 2022
remotely, plays a central role in determining firms' employment plans during the health crisis; ii) investment flexibility … allows firms to increase or decrease capital spending based on their business prospects in the crisis, with effects shaped by … fixed costs are high. While the role of workplace flexibility is new to the COVID crisis, CFOs expect lasting effects for …
Persistent link: https://www.econbiz.de/10012938715
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Racial Disparities in the Paycheck Protection Program
Chernenko, Sergey; Scharfstein, David - National Bureau of Economic Research - 2022
Using a large sample of Florida restaurants, we document significant racial disparities in borrowing through the Paycheck Protection Program (PPP) and investigate the causes of these disparities. Black-owned restaurants are 25% less likely to receive PPP loans. Restaurant location explains 5...
Persistent link: https://www.econbiz.de/10012938717
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The Distribution of Crisis Credit : Effects on Firm Indebtedness and Aggregate Risk
Huneeus, Federico; Kaboski, Joseph Paul; Larraín, Mauricio - National Bureau of Economic Research - 2022
We study the distribution of credit during crisis times and its impact on firm indebtedness and macroeconomic risk …
Persistent link: https://www.econbiz.de/10012938743
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A Two Covid-19 Years Quartile Comparison of Official with Excess Mortality : Voice and Accountability and the Impact of Vaccines
Aizenman, Joshua - 2022
We evaluate the quartile ranking of countries during the Covid-19 pandemic using both official (i.e., confirmed) and excess mortality data. Contrasting countries' rankings using these two data sources reveal sharp and systematic differences. While higher GDP per capita is associated with a worse...
Persistent link: https://www.econbiz.de/10012938747
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Has the Willingness to Work Fallen during the Covid Pandemic?
Faberman, R. Jason; Müller, Andreas; Şahin, Ayşegül - National Bureau of Economic Research - 2022
We examine the effect of the Covid pandemic on willingness to work along both the extensive and intensive margins of labor supply. Special survey questions in the Job Search Supplement of the Survey of Consumer Expectations (SCE) allow us to elicit information about individuals' desired work...
Persistent link: https://www.econbiz.de/10012938753