Does individual behavior converge to policy recommendations in times of pandemic? Evidence from COVID-19 in US states

Autor:	Sonora, Robert J, Gottwald-Belinić, Martina
Jazyk:	angličtina
Rok vydání:	2023
Předmět:	COVID-19 individual risk behavior structural break unit root tests
Zdroj:	EFZG working paper series Volume 2023 Issue 04
ISSN:	1849-6857
Popis:	The COVID-19 pandemic is an exceptional shock on human habitual behavior and provides a rare opportunity to analyze resilience in preferences. We use Google's mobility and policy stringency indices to investigate if policy maker and resident „preferences" align over the period. Differences in utility across the ten largest states in the United States should lead to idiosyncratic response on perceived cost of restrictions and associated risk attitudes in policy respond. We conduct structural break and rolling unit root tests on estimated residual. Our results suggest that individual behavior converges to the policy prescriptions within the time span up to 18 months.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::695e85c7c96ec587db6fb1d4f50dbee2 https://hrcak.srce.hr/303514 Zobrazit plný text záznamu