Long Social Distancing

IF 3.9 1区经济学 Q1 ECONOMICS

Journal of Labor Economics Pub Date : 2023-10-01 DOI:10.1086/726636

Jose Maria Barrero, Nicholas Bloom, Steven J. Davis

引用次数: 8

Abstract

Many Americans continued some forms of social distancing after the pandemic. This phenomenon is stronger among older persons, less educated individuals, and those who interact daily with persons at high risk from infectious diseases. Regression models fit to individual-level data suggest that social distancing lowered labor force participation by 2.4 percentage points in 2022, 1.2 points on an earnings-weighted basis. When combined with simple equilibrium models, our results imply that the social distancing drag on participation reduced US output by $205 billion in 2022, shrank the college wage premium by 2.1 percentage points, and modestly steepened the cross-sectional age-wage profile.

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长社交距离

疫情过后，许多美国人继续保持某种形式的社交距离。这一现象在老年人、受教育程度较低的人以及每天与传染病高危人群接触的人中更为明显。适合个人层面数据的回归模型表明，社交距离在2022年将劳动力参与率降低了2.4个百分点，按收入加权计算降低了1.2个百分点。当与简单均衡模型相结合时，我们的结果表明，社会距离对参与率的拖累使美国2022年的产出减少了2050亿美元，大学工资溢价缩小了2.1个百分点，并适度地使横断面年龄-工资曲线变得陡峭。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Labor Economics Multiple-

CiteScore

6.40

自引率

2.60%

发文量

期刊介绍： Since 1983, the Journal of Labor Economics has presented international research that examines issues affecting the economy as well as social and private behavior. The Journal publishes both theoretical and applied research results relating to the U.S. and international data. And its contributors investigate various aspects of labor economics, including supply and demand of labor services, personnel economics, distribution of income, unions and collective bargaining, applied and policy issues in labor economics, and labor markets and demographics.