Narrative Economics, Public Policy and Mental Health

COVID-19 and Subjective Well-Being in Urban Pakistan in the Beginning of the Pandemic: A Socio-Economic Analysis

This study contributes to the existing literature on happiness studies by analyzing the effects of COVID-19 pandemic on subjective well-being (SWB) in a developing country, focusing specifically on satisfaction with socio-economic status. Drawing on survey data for urban Pakistan from before and after the outbreak of COVID-19, we find that during the early days of the pandemic and the related social distancing and potential lockdowns, SWB declined, particularly among unemployed, married couples, males and older people. Unexpectedly, we also observed that households having a higher income suffered more from the pandemic in terms of satisfaction with their socio-economic status compared to their poorer counterparts. We explain this finding by increased fear for falling into poverty due to lockdowns and inflation.

Robinson Crusoe: less or more depressed? With whom and where to live in a pandemic if you are above 50

Did the first wave of the COVID-19 epidemic and the various lockdown measures taken by European governments in the spring of 2020 impact individuals aged 50 and over differently according to their living arrangements and housing conditions? Focusing on three indicators of mental well-being, depression, loneliness and trouble sleeping, this paper answers the question using data on Europeans interviewed in the SHARE Corona Survey, fielded right after the first wave of the pandemic in summer 2020, linked longitudinally with two previous waves of SHARE (2013 and 2015). We find that the first wave of the pandemic changed the association between mental health and living arrangements and housing conditions. New to this pandemic period, the mental well-being of those who lived only with a spouse declined relative to the general population aged 50+. Relatedly, there was a protective impact for parents of having (adult) children in the same building as opposed to children, however close, who were not co-residing. Finally, living in cities and in multi-unit housing also led to a decrease in mental well-being relative to the general population aged 50+.

The gender gap in mental well-being at the onset of the Covid-19 pandemic: Evidence from the UK

We assess the decline in mental health after the onset of the Covid-19 pandemic in the UK. This decline was more than twice as large for women as for men. We seek to explain this gender gap by exploring gender differences in: family and caring responsibilities; financial and work situation; social engagement; health situation, and health behaviours, including exercise. We assess their quantitative relevance by applying standard decomposition methods. We find that compositional differences in family and caring responsibilities explain part of the gender gap, but more important are gender differences in social factors, particularly changes in loneliness. We explore this result further by analysing gender differences in personality traits. Even after controlling for all factors there remains a noticeable age-gender gradient, with young females suffering particularly badly.

Effectiveness of social distancing interventions in containing COVID-19 incidence: International evidence using Kalman filter

The epidemiological literature has widely documented the importance of social distancing interventions in containing the spread of the COVID-19 pandemic. However, the epidemiological measure of virus reproduction, R₀, provides a myopic view of containment, especially when the absolute number of cases is still high. The paper investigates cross-country variations concerning the impact of social distancing interventions on COVID-19 incidence by employing a statistical measure of containment, which models the daily number of cases as a structural time-series, state-space vector. Countries that adopt strict lockdown policies and provide economic support in the form of income augmentations and debt relief improve the response towards the pandemic. Countries like China and South Korea have been most influential in containing the spread of infections. European nations of France, Italy, Spain and the UK are witnessing a second wave of the virus, indicating that re-opening the European economy perhaps has instigated an exponential spread.