In the cost benefit analysis of lockdowns in the US, the authors (Beland, Brodeur, and Wright) rely on a difference-in-differences framework. They document the impacts of state lockdowns on four labor market outcomes. Why are they controlling in their analysis for mandatory face mask policies, day care and school closures, and freezes on eviction and utilities? Explain.
In the cost benefit analysis of lockdowns in the US, the authors (Beland, Brodeur, and Wright) rely on a difference-in-differences framework. They document the impacts of state lockdowns on four labor market outcomes. Why are they controlling in their analysis for mandatory face mask policies, day care and school closures, and freezes on eviction and utilities? Explain.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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