COVID-19 Epidemic and Generational Welfare
نویسندگان
چکیده
We study the effects of COVID-19, and ensuing lockdown fiscal policies, on welfare different age-groups within a life-cycle macroeconomic scheme, adapted from Gertler (1999), where pandemic is represented as shock to mortality rate. obtain two main results. First, we show that policies have negative impact dynamics economic younger agents relative older agents, thus providing analytical support idea management COVID-19 through has mainly hit young generations. Second, expansionary aimed at supporting income after affect index repayment scheme consequent public debt; more such entails postponement debt repayment, are favored (in terms).
منابع مشابه
Generational Inequalities and Welfare Regimes
University of North Carolina at Chapel Hill. All rights reserved. For permissions, please e-mail: [email protected]. Social Forces 92(4) 1259–1283, June 2014 doi: 10.1093/sf/sot156 Advance Access publication on 28 February 2014 This research project received the support of the Luxembourg Fonds National de la Recherche (FNR), FNR/P11/05 & FNR/P11/05bis. The authors would also like to ...
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3900942