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This paper documents an increase in residential electricity consumption while industrial and commercial consumption has fallen during the COVID-19 pandemic in the United States. Hourly smart meter data from Texas reveals how daily routines changed during the pandemic, with usage during weekdays...
Persistent link: https://www.econbiz.de/10013221964
Unemployment rates reached unprecedented levels during the COVID-19 pandemic. The nature of the virus transmission, and the policy interventions enacted in response, however, is such that certain "high risk" occupations suffered more than the "low risk" occupations. This paper exploits the...
Persistent link: https://www.econbiz.de/10013222948
This paper builds a government policy choice model in a general equilibrium setting in which households' health status responds to a stricter policy on the pandemic. By assuming an exogenous policy decision date, the model implies the government should maintain the current policy until the...
Persistent link: https://www.econbiz.de/10013231677
This paper exploits the variation in the unemployment rate of different occupations in the first part of the COVID-19 pandemic to analyze the response of consumption spending to unemployment risk. We find that earlier in the pandemic, higher unemployment risk did not reduce relative spending....
Persistent link: https://www.econbiz.de/10013252384
Persistent link: https://www.econbiz.de/10013198815
The propagation of the COVID-19 pandemic, and the associated measures taken by many countries to slow down the spread of the disease, has significantly affected all aspects of people's lives, including the global energy sector. This study aims to investigate the impact of the pandemic on the...
Persistent link: https://www.econbiz.de/10013183765
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This paper analyses the effect of the COVID-19 pandemic on household disposable income and household demand in the European Union (EU), making use of the EU microsimulation model EUROMOD and nowcasting techniques. We show evidence of heterogeneity in the impact of the COVID-19 pandemic on the...
Persistent link: https://www.econbiz.de/10013172489
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