Where have all the flowers gone? The Impact of COVID-19 on UK Households’ Economic Well-Being

Q3 Economics, Econometrics and Finance

WSEAS Transactions on Business and Economics Pub Date : 2024-03-22 DOI:10.37394/23207.2024.21.68

Demetrio Panarello, Giorgio Tassinari

引用次数: 0

Abstract

The United Kingdom introduced a national lockdown in March 2020, as a means to curb the rising pace of COVID-19 infections in the country. Since then, the various restrictions imposed on citizens have produced enormous social and economic consequences. However, full awareness of the mid-term and long-term impacts of such restrictive measures is still lacking. In this paper, by making use of longitudinal data from the Understanding Society COVID-19 study, consisting of nine survey waves administered to a representative sample of UK citizens from April 2020 to September 2021, we analyze the potential determinants of lack of employment and poor economic conditions, considering individuals’ length of stay in an economic hardship context and the differential effects related to their socio-demographic characteristics.

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花儿都去哪儿了？COVID-19 对英国家庭经济福祉的影响

2020 年 3 月，英国实行全国封锁，以此来遏制国内 COVID-19 感染率的上升速度。从那时起，对公民实施的各种限制措施产生了巨大的社会和经济影响。然而，人们对这些限制措施的中长期影响仍缺乏充分认识。在本文中，我们利用 "理解社会 COVID-19 研究"（Understanding Society COVID-19 study）的纵向数据（包括 2020 年 4 月至 2021 年 9 月期间对具有代表性的英国公民样本进行的九次调查），分析了缺乏就业和经济状况不佳的潜在决定因素，同时考虑了个人在经济困难背景下的停留时间以及与其社会人口特征相关的不同影响。

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

WSEAS Transactions on Business and Economics Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

1.50

自引率

0.00%

发文量

180

期刊介绍： WSEAS Transactions on Business and Economics publishes original research papers relating to the global economy. We aim to bring important work using any economic approach to a wide international audience and therefore only publish papers of exceptional scientific value that advance our understanding of finances. The research presented must transcend the limits of case studies, while both experimental and theoretical studies are accepted. While its main emphasis is economic, it is a multi-disciplinary journal and therefore its content mirrors the diverse interests and approaches of scholars involved with the international dimensions of business, economics, finance, history, law, marketing, management, political science, and related areas. It also welcomes scholarly contributions from officials with government agencies, international agencies, and non-governmental organizations.