Covid-19 and Income-Related Inequality in Stress
Martedì, 17 novembre 2020, ore 14.15
Autore: Francesco Renna (University of Akron, Ohio) co-authored with Sucharita Ghosh
This paper focuses on the impact of COVID-19 on mental stress and financial stress. Using a Concentration Index we investigate whether COVID-19 has differing effects on the stress levels of low-income households versus high-income level households. Furthermore, the study uses a Recentered Influence Function regression approach to study which socioeconomic factors either contribute or shelter a household from the negative impact of COVID-19 on stress. Using Wave 1 and Wave 2 of Understanding Society COVID-19 household survey data in the UK, we find that mental stress increased for every individual no matter the income distribution during and after UK’s lockdown. Furthermore, COVID-19 increased income-related inequality with regard to future financial stress.
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[Ultimo aggiornamento: 17/11/2020 10:02:40]