The impact of stay-at-home policies on individual welfare

Ola Andersson, Pol Campos-Mercade*, Fredrik Carlsson, Florian H. Schneider, Erik Wengström

*Motsvarande författare för detta arbete

Forskningsoutput: TidskriftsbidragArtikelVetenskapligPeer review

4 Citeringar (Scopus)

Sammanfattning

In this paper, we perform a choice experiment assessing the impact of stay-at-home policies on individual welfare. We estimate the willingness to accept compensation (WTA) for restricting non-working hours in Sweden during the COVID-19 pandemic. The WTA for a one-month stay-at-home policy is about US$480 per person, or 9.1 percent of Sweden's monthly per capita GDP. Stricter lockdowns require disproportionately higher compensation than more lenient ones, indicating that strict policies are cost-effective only if they are much more successful in slowing the spread of the disease. Moreover, older people have a higher WTA of staying home than the rest of the population.

OriginalspråkEngelska
Referentgranskad vetenskaplig tidskriftScandinavian Journal of Economics
Volym124
Nummer2
Sidor (från-till)340-362
Antal sidor23
ISSN0347-0520
DOI
StatusPublicerad - 2022
MoE-publikationstypA1 Originalartikel i en vetenskaplig tidskrift

Nyckelord

  • 512 Företagsekonomi

Fingeravtryck

Fördjupa i forskningsämnen för ”The impact of stay-at-home policies on individual welfare”. Tillsammans bildar de ett unikt fingeravtryck.

Citera det här