Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/283080 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
JRC Working Papers in Economics and Finance No. 2023/1
Verlag: 
European Commission, Ispra
Zusammenfassung: 
In response to the two waves of Covid-19 in 2020, the Italian government implemented a general lockdown in March, but geographically targeted policies during fall. We exploit this natural experiment to compare the effects of the two policies in a difference-in-differences design, leveraging a unique database combining traditional, municipality-level and big data at weekly frequency. We find that the general lockdown of the first wave strongly reduced mobility at a high price in terms of employment, while the targeted policies during the second wave induced a lower decrease in mobility and little additional economic cost. We also study the role of pre-existing municipality characteristics and labour market policies in shaping these responses. Our results suggest that working from home and short-term working schemes buffered the adverse consequences of the drop in economic activity on the labour market. Both mechanisms, however, acted more strongly in high-income areas and among white collar workers, further exacerbating existing inequalities.
Schlagwörter: 
Covid-19
human mobility
lockdowns
big data
differences-in-differences
JEL: 
I12
I18
H12
D04
C33
H51
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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