The Impact of COVID-19 Employment Shocks on Suicide and Poverty Alleviation Programs: An Early-Stage Investigation
| Autor: | Masato Furuichi, Michihito Ando |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
History
education.field_of_study Polymers and Plastics Coronavirus disease 2019 (COVID-19) Poverty Population Quarter (United States coin) Public assistance Industrial and Manufacturing Engineering Shock (economics) Economics Male population Unemployment rate Demographic economics Business and International Management education |
| Zdroj: | SSRN Electronic Journal. |
| ISSN: | 1556-5068 |
| Popis: | This paper examines whether the COVID-19-induced employment shock has increased suicides and the utilization of means-tested poverty alleviation programs in the first eight months of the COVID-19 crisis. We exploit plausibly exogenous regional variation in the magnitude of the employment shock in Japan and adopt a difference-in-differences (DID) research design to identify the employment-shock impact. Our preferred point estimates suggest that a one-percentage-point decrease in the employment rate in the second quarter of 2020 resulted in an additional 0.14-0.44 male suicides per one hundred thousand male population in June 2020 and an additional 5.3-7.9 Public Assistance recipients per one hundred thousand population in August 2020. The impacts on female suicides and other poverty alleviation programs are not precisely estimated, but there is suggestive evidence that the same employment shock has also increased the caseloads of the other poverty alleviation programs. We also examine the impact of the increase in the unemployment rate and find a positive impact on the poverty alleviation programs but not on suicides. |
| Databáze: | OpenAIRE |
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