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Tuesday, August 3 • 2:30pm - 4:00pm
5C3 Household Labor Supply in a Pandemic

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Kathrin Ellieroth, Colby College; Amanda Michaud, White House Council of Economic Advisers

Living in a married household typically mitigates income risk. Is this true during a pandemic? On the one hand, the presence of two potential earners reduces the household income risk associated with a cut in hours, job loss, or a stay at home order. On the other, married couples are more likely to have children to care for during a stay at home order and larger households are more likely to have a member with a health condition that makes them vulnerable to severe illness if they contract the virus. Using a structural model of labor supply, we measure how these factors affect the welfare outcomes of different household types and the aggregate dynamics of employment in response to the COVID-19 pandemic.

Discussant
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Andrew Hobbs

Assistant Professor, University of San Francisco

Presenters
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Kathrin Ellieroth

Colby College



Tuesday August 3, 2021 2:30pm - 4:00pm EDT

Attendees (8)