Arbeitspapier
Lockdown Accounting
We measure the effect of lockdown policies on employment and GDP across countries using individual- and sector-level data. Employment effects depend on the ability to work from home, which ranges from about half of total employment in rich countries to around 35% in poor countries. This gap reflects differences in occupational composition, self-employment levels, and individual characteristics across countries. GDP effects of lockdown policies also depend on countries' sectoral structure. Losses in poor countries are attenuated by their higher value-added share in essential sectors, notably agriculture. Overall, a realistic lockdown policy implies GDP losses of 20-25% on an annualized basis.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 13397
- Klassifikation
-
Wirtschaft
Macroeconomic Analyses of Economic Development
Industrialization; Manufacturing and Service Industries; Choice of Technology
Labor Force and Employment, Size, and Structure
- Thema
-
COVID-19
work from home
structural change
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gottlieb, Charles
Grobovsek, Jan
Poschke, Markus
Saltiel, Fernando
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Gottlieb, Charles
- Grobovsek, Jan
- Poschke, Markus
- Saltiel, Fernando
- Institute of Labor Economics (IZA)
Entstanden
- 2020
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