[FRIAM] Score one for state-wide mandates (?)
uǝlƃ ↙↙↙
gepropella at gmail.com
Thu Dec 3 11:43:08 EST 2020
... from those liberal fascists in Utah! >8^D
Mask mandates can actually spur the economy – depending on who enforces it, study says
https://www.miamiherald.com/news/coronavirus/article247560430.html
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3736407
> We highlight the importance of signaling effects in determining whether public policy should be implemented at a decentralized or centralized level. For example, although a public policy may have the same direct effect if enacted at a state or county level, people may perceive these policies differently, leading to different indirect effects. We explore this mechanism using the patchwork of mask mandate orders in the U.S. from April to September 2020. State-wide mask mandates stimulate economic activity while also reducing COVID-19 case growth. Surprisingly, county-level mask mandates generally have the opposite effect, depressing economic activity. We argue that different unintended signaling effects can explain these differences in policy effects: households infer from county mask mandates that infection risks have increased in their local area and, therefore, socially distance more and spend less. In contrast, state mask mandates do not lead to similar local inferences, and thus overall, they stimulate the economy.
And since it's Elsevier, there's a link to an AWS hosted copy of the paper in the Herald article.
p.s. Get well, Nick! Go to the doctor.
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