Social Distancing, Labor Supply, and Income Distribution
The effects of social distancing measures on income distributions and aggregate variables are examined with an off-the-shelf heterogeneous-agent incomplete-market model. The model shows that social distancing measures, which limit households’ labor supply, can decrease the labor supply of low-income...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
2021-05-01
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| Series: | KDI Journal of Economic Policy |
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| Online Access: | https://kdijep.org/v.43/2/1/Social+Distancing,+Labor+Supply,+and+Income+Distribution%e2%80%a0 |