The Distribution of Covid-19 Related Risks

47 Pages Posted: 7 Oct 2020 Last revised: 29 Apr 2022

See all articles by Patrick Baylis

Patrick Baylis

University of British Columbia (UBC) - Department of Economics

Pierre-Loup Beauregard

affiliation not provided to SSRN

Marie Connolly

University of Quebec at Montreal (UQAM) - Department of Economics; Center for Interuniversity Research and Analysis on Organization (CIRANO)

Nicole M. Fortin

University of British Columbia (UBC) - Department of Economics

David Green

University of British Columbia (UBC) - Vancouver School of Economics

Pablo Gutierrez Cubillos

affiliation not provided to SSRN

Samuel Gyetvay

affiliation not provided to SSRN

Catherine Haeck

University of Quebec at Montreal (UQAM) - Université du Québec à Montréal

Timea Laura Molnar

Central European University

Gaelle Simard-Duplain

University of British Columbia (UBC) - Vancouver School of Economics

Henry Siu

University of British Columbia (UBC) - Vancouver School of Economics

Maria teNyenhuis

Government of Canada - Bank of Canada

Casey Warman

Dalhousie University

Date Written: October 2020

Abstract

This paper documents two COVID-related risks, viral risk and employment risk, and their distributions across the Canadian population. The measurement of viral risk is based on the VSE COVID Risk/Reward Assessment Tool, created to assist policymakers in determining the impacts of economic shutdowns and re-openings over the course of the pandemic. We document that women are more concentrated in high viral risk occupations and that this is the source of their greater employment loss over the course of the pandemic so far. They were also less likely to maintain one form of contact with their former employers, reducing employment recovery rates. Low educated workers face the same virus risk rates as high educated workers but much higher employment losses. Based on a rough counterfactual exercise, this is largely accounted for by their lower likelihood of switching to working from home which, in turn, is related to living conditions such as living in crowded dwellings. For both women and the low educated, existing inequities in their occupational distributions and living situations have resulted in them bearing a disproportionate amount of the risk emerging from the pandemic. Assortative matching in couples has tended to exacerbate risk inequities.

Suggested Citation

Baylis, Patrick and Beauregard, Pierre-Loup and Connolly, Marie and Fortin, Nicole M. and Green, David and Gutierrez Cubillos, Pablo and Gyetvay, Samuel and Haeck, Catherine and Molnar, Timea Laura and Simard-Duplain, Gaelle and Siu, Henry and teNyenhuis, Maria and Warman, Casey, The Distribution of Covid-19 Related Risks (October 2020). NBER Working Paper No. w27881, Available at SSRN: https://ssrn.com/abstract=3705091

Patrick Baylis (Contact Author)

University of British Columbia (UBC) - Department of Economics ( email )

997-1873 East Mall
Vancouver, BC V6T 1Z1
Canada

Pierre-Loup Beauregard

affiliation not provided to SSRN

No Address Available

Marie Connolly

University of Quebec at Montreal (UQAM) - Department of Economics ( email )

P.O. Box 8888, Downtown Station
Montreal, Quebec H3C 3P8
Canada

HOME PAGE: http://www.er.uqam.ca/nobel/r36462/

Center for Interuniversity Research and Analysis on Organization (CIRANO)

2020 rue University, 25th floor
Montreal H3C 3J7, Quebec
Canada

Nicole M. Fortin

University of British Columbia (UBC) - Department of Economics ( email )

997-1873 East Mall
Department of Economics
Vancouver, BC V6T1Z1
Canada
604-822-3222 (Phone)
604-822-5915 (Fax)

David Green

University of British Columbia (UBC) - Vancouver School of Economics ( email )

6000 Iona Dr
Vancouver, BC V6T 1L4
Canada

Pablo Gutierrez Cubillos

affiliation not provided to SSRN

No Address Available

Samuel Gyetvay

affiliation not provided to SSRN

Catherine Haeck

University of Quebec at Montreal (UQAM) - Université du Québec à Montréal ( email )

CP 8888 Succ Centre Ville
Montréal, Québec H3C3P8
Canada

Timea Laura Molnar

Central European University

Hungary

Gaelle Simard-Duplain

University of British Columbia (UBC) - Vancouver School of Economics ( email )

6000 Iona Dr
Vancouver, BC V6T 1L4
Canada

Henry Siu

University of British Columbia (UBC) - Vancouver School of Economics ( email )

6000 Iona Dr
Vancouver, BC V6T 1L4
Canada

Maria TeNyenhuis

Government of Canada - Bank of Canada

234 Wellington Street
Ontario, K1A 0G9
Canada

Casey Warman

Dalhousie University ( email )

Halifax, Nova Scotia B3H 3J5
Canada

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