Hwang, Jisoo; Hwang, Seung-sik; Kim, Hyuncheol Bryant; … - 2023
This paper studies the causal impacts of vaccine eligibility on social distancing behaviors (risk compensation). We … apply a regression discontinuity design around the birth date cutoff of vaccine eligibility using large, high-frequency data … from credit card and airline companies as well as survey data. We find no evidence of risk compensation although vaccine …