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The COVID-19 pandemic has wrought havocs on economies around the world. Yet, barely any evidence currently exists on the distributional impacts of the pandemic. We provide the first study that offers new theoretical and empirical evidence on the distributional impacts of the pandemic on...
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This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two different scenarios for its … poverty years and 4.3 million years of life lost across 150 countries. The ratio of PYs to LYs is very large in most countries …
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avoid poverty. A new role is emerging for income support: by enabling people to effectively stay home, it can produce … substantial health externalities. We examine this issue using data on human mobility and poverty rates in 729 subnational regions … changes between higher- and lower-poverty regions. Conditional on country-day fixed effects, shelter-in-place orders decrease …
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This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two dierent scenarios for its … 2020, the pandemic (and the observed private and policy responses) has generated at least 68 million additional poverty …
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