The short-term impact of the 2020 pandemic lockdown on employment in Greece
Bibliographic Data
| ID | 21542095 |
|---|---|
| Authors | Gordon Betcherman (0000-0002-4640-1833, University of Ottawa), Nicholas Giannakopoulos (0000-0001-6341-4460, University of Patras, corresponding author), Ioannis Laliotis (0000-0002-8206-044X, University of Peloponnese), Ioanna Pantelaiou (World Bank), Mauro Testaverde (World Bank), Giannis Tzimas (0000-0002-4073-7256, University of Peloponnese) |
| Year | 2023 |
| Volume | 65 |
| Issue | 3 |
| Pages | 1273-1307 |
| Publication date | 2023-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Empirical Economics (JOURNAL) |
| Journal identifiers | ISSN: 0377-7332 • E-ISSN: 1435-8921 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s00181-023-02381-2 |
| PMID | 36811120 |
| OpenAlex | W4321071958 |
| Language | EN |
| Citations received | 1 |
| References cited | 34 |
This paper analyzes the short-term employment impact of the COVID-19 lockdown in Greece during the first few months following the pandemic onset. During the initial lockdown period, aggregate employment was lower by almost 9 percentage points than it would have been expected based on pre-pandemic employment trends. However, due to a government intervention that prohibited layoffs, this was not due to higher separation rates. The overall short-term employment impact was due to lower hiring rates. To uncover the mechanism behind this, we use a difference-in-differences framework, and show that tourism-related activities, which are exposed to seasonal variation, had significantly lower employment entry rates in the months following the pandemic onset compared to non-tourism activities. Our results highlight the relevance of the timing of unanticipated shocks in economies with strong seasonal patterns, and the relative effectiveness of policy interventions to partly absorb the consequences of such shocks
Demographic economics · Economics · Geography · Pandemic · Tourism · COVID-19 Pandemic Impacts · Employment and Welfare Studies · Medicine · Migration and Labor Dynamics
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Fear, lockdown, and diversion
Labor Markets During the Covid-19 Crisis
A literature review of the economics of Covid‐19
Inequality in the impact of the coronavirus shock
How did consumers react to the Covid‐19 pandemic over time
Unemployment Effects of Stay-at-Home Orders
Longer-Run Economic Consequences of Pandemics
Early adoption of non-pharmaceutical interventions and Covid-19 mortality
Should We Insure Workers or Jobs During Recessions
The heterogeneous effects of Covid-19 on labor market flows
Initial Impacts of the Covid-19 Pandemic on the Canadian Labour Market
Fiscal Integration in an Experimental Union
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |