{"title":"Where have all the flowers gone? The Impact of COVID-19 on UK Households’ Economic Well-Being","authors":"Demetrio Panarello, Giorgio Tassinari","doi":"10.37394/23207.2024.21.68","DOIUrl":null,"url":null,"abstract":"The United Kingdom introduced a national lockdown in March 2020, as a means to curb the rising pace of COVID-19 infections in the country. Since then, the various restrictions imposed on citizens have produced enormous social and economic consequences. However, full awareness of the mid-term and long-term impacts of such restrictive measures is still lacking. In this paper, by making use of longitudinal data from the Understanding Society COVID-19 study, consisting of nine survey waves administered to a representative sample of UK citizens from April 2020 to September 2021, we analyze the potential determinants of lack of employment and poor economic conditions, considering individuals’ length of stay in an economic hardship context and the differential effects related to their socio-demographic characteristics.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":" 10","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"WSEAS Transactions on Business and Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.37394/23207.2024.21.68","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
The United Kingdom introduced a national lockdown in March 2020, as a means to curb the rising pace of COVID-19 infections in the country. Since then, the various restrictions imposed on citizens have produced enormous social and economic consequences. However, full awareness of the mid-term and long-term impacts of such restrictive measures is still lacking. In this paper, by making use of longitudinal data from the Understanding Society COVID-19 study, consisting of nine survey waves administered to a representative sample of UK citizens from April 2020 to September 2021, we analyze the potential determinants of lack of employment and poor economic conditions, considering individuals’ length of stay in an economic hardship context and the differential effects related to their socio-demographic characteristics.
期刊介绍：
WSEAS Transactions on Business and Economics publishes original research papers relating to the global economy. We aim to bring important work using any economic approach to a wide international audience and therefore only publish papers of exceptional scientific value that advance our understanding of finances. The research presented must transcend the limits of case studies, while both experimental and theoretical studies are accepted. While its main emphasis is economic, it is a multi-disciplinary journal and therefore its content mirrors the diverse interests and approaches of scholars involved with the international dimensions of business, economics, finance, history, law, marketing, management, political science, and related areas. It also welcomes scholarly contributions from officials with government agencies, international agencies, and non-governmental organizations.
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