COVID19 and labor costs

This analysis studies the influence of covid19 starting from a theoretical analysis before giving an applied empirical evaluation on thirteen high-income countries. The analysis is based on an econometric method with panel data using a fixed effects regression (within regression). In terms of results, both the hours of work lost as a result of covid19 and the hours actually worked reduced labor costs, while the number of covid19 infections influenced the increase in labor costs. Thus, covid19 exerted a significant influence on labor costs in high-income countries between 2020 and 2021.

Autorentext

Shukuru K. é um economista que faz pesquisas no campo da economia geral com interesse particular no campo monetário. Além de sua pesquisa, ele continua sua carreira profissional no setor humanitário no leste da RDC, onde trabalha com a ONG Mercy Corps.