Final published version, 575 KB, PDF document
Research output: Working paper
Research output: Working paper
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TY - UNPB
T1 - Health Risks and Labour Supply
T2 - Evidence from the COVID-19 Pandemic
AU - Richardson, Joseph
PY - 2023/3/31
Y1 - 2023/3/31
N2 - In this paper, we explore the relationship between health risks from COVID-19 and UK labour supply. Using pre-existing conditions as the source of variation in COVID-19 health risks, we show that employment fell by 2 to 3 percentage points with each prior additional condition, after controlling for pre-pandemic labour supply and other relevant factors. These effects begin in April 2020 and persist through to September 2021, long after the pandemic’s peak. Furthermore, these effects were concentrated in jobs difficult to perform remotely, are not driven by labour demand shocks, and similar relationships did not exist prior to the pandemic.
AB - In this paper, we explore the relationship between health risks from COVID-19 and UK labour supply. Using pre-existing conditions as the source of variation in COVID-19 health risks, we show that employment fell by 2 to 3 percentage points with each prior additional condition, after controlling for pre-pandemic labour supply and other relevant factors. These effects begin in April 2020 and persist through to September 2021, long after the pandemic’s peak. Furthermore, these effects were concentrated in jobs difficult to perform remotely, are not driven by labour demand shocks, and similar relationships did not exist prior to the pandemic.
KW - COVID-19
KW - Labour supply
KW - Health risks
KW - Pre-existing conditions
KW - Job separations
M3 - Working paper
T3 - Economics Working Papers Series
BT - Health Risks and Labour Supply
PB - The Department of Economics
ER -