The COVID-19 pandemic is an unprecedented event with wide-ranging implications. Given that households are at the center of major changes affecting the entire world, the
Review of Economics of the Household
is publishing a series of issues on COVID-19 and the economics of the household. Here we review eight articles documenting the enormous costs of the COVID containment policies, in particular the school closures that ensued. Individuals paid a heavy cost in terms of disruption in their attachment to the labor force. Children could not go to school and parents were forced to provide extra childcare and spend significant amounts of time helping children continue to learn, while possibly working from home. Domestic violence became more common. These changes have often been traumatic, to the detriment of the well-being and mental health of large numbers of people. Women have paid a higher price than men, as many of the studies demonstrate. Our conclusion calls for policy-makers to prepare for the post-traumatic period: many households will need help.
Highlights
More people died from Covid in countries or states with higher rates of intergenerational co-residence.
The positive correlation persists even when controlling for demographic characteristics, economic factors, and anti-Covid measures.
The positive association between co-residence and fatalities is led by the US.
Intergenerational co-residence and Covid detected cases are also positively correlated.
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