Fuchs-Schündeln, Nicola; Krueger, Dirk; Ludwig, Alexander - 2021
Using a structural life-cycle model, we quantify the heterogeneous impact of school closures during the Corona crisis … impact of the crisis on children's welfare is especially severe for those with parents with low educational attainment and … long-run welfare of the children, with the pandemic-induced income shock to parents playing a secondary role. …