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THE INDIVIDUAL WELFARE COSTS OF STAY-AT-HOME POLICIES


Please use this identifier to cite or link to this item: http://hdl.handle.net/2077/64576

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Title: THE INDIVIDUAL WELFARE COSTS OF STAY-AT-HOME POLICIES
Authors: Andersson, Ola
Campos-Mercade, Pol
Carlsson, Fredrik
Schneider, Florian
Wengström, Erik
Issue Date: Jun-2020
Extent: 43
Publication type: report
Organization: Department of Economics, University of Gothenburg
Series/Report no.: Working Papers in Economics
787
Keywords: Stay-at-home orders
welfare effects
choice experiment
Abstract: This paper reports the results of a choice experiment designed to estimate the private welfare costs of stay-at-home policies during the COVID-19 pandemic. The study is conducted on a large and representative sample of the Swedish population. The results suggest that the welfare cost of a one-month stay-at-home policy, restricting non-working hours away from home, amounts to 9.1 percent of qSweden's monthly GDP. The cost can be interpreted as 29,600 quality-adjusted life years (QALYs), which rou... more
ISSN: 1403-2465
Description: JEL classifications: D62, I18
URI: http://hdl.handle.net/2077/64576
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