Do Stay-at-Home Orders Cause People to Stay at Home? Effects of Stay-at-Home Orders on Consumer Behavior-Reference-Cited by-同舟云学术

Do Stay-at-Home Orders Cause People to Stay at Home? Effects of Stay-at-Home Orders on Consumer Behavior

Published:2021-09-22 Issue: Volume: Page:1-25
ISSN:0034-6535
Container-title:The Review of Economics and Statistics
language:en
Short-container-title:

Author:

Alexander Diane¹,Karger Ezra²

Affiliation:

1. The Wharton School University of Pennsylvania 3641 Locust Walk, Colonial Penn Center, Philadelphia, PA 19104 dealexa@wharton.upenn.edu

2. Federal Reserve Bank of Chicago 230 South LaSalle Street, Chicago, IL 60604 karger@uchicago.edu

Abstract

Abstract We link the county-level rollout of stay-at-home orders during the Covid-19 pandemic to anonymized cell phone records and consumer spending data. We document three patterns. First, stay-at-home orders caused people to stay home: county-level measures of mobility declined 6-7% within two days of when the stayat-home order went into effect. Second, stay-at-home orders caused large reductions in spending in sectors associated with mobility: small businesses and large retail chains. Third, we estimate fairly uniform responses to stay-at-home orders across the country; effects do not vary by county-level income, political leanings, or urban/rural status.

Publisher

MIT Press - Journals

Subject

Economics and Econometrics,Social Sciences (miscellaneous)

Link

http://direct.mit.edu/rest/article-pdf/doi/10.1162/rest_a_01108/1963940/rest_a_01108.pdf

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