Ontology highlight
ABSTRACT:
SUBMITTER: Glaeser EL
PROVIDER: S-EPMC8242873 | biostudies-literature | 2021 Sep
REPOSITORIES: biostudies-literature
Glaeser Edward L EL Jin Ginger Z GZ Leyden Benjamin T BT Luca Michael M
Journal of regional science 20210607 4
During the coronavirus disease 2019 (COVID-19) pandemic, states issued and then rescinded stay-at-home orders that restricted mobility. We develop a model of learning by deregulation, which predicts that lifting stay-at-home orders can signal that going out has become safer. Using restaurant activity data, we find that the implementation of stay-at-home orders initially had a limited impact, but that activity rose quickly after states' reopenings. The results suggest that consumers inferred from ...[more]