Estimations of the impacts of the deaths from COVID-19 on per capita income and employment for men and women in NYC

Resumen

Using data for 118 public use microdata areas (PUMA) of New York City for the period of November 2020 through June 2021, we find evidence that income reduced in response to deaths from the Coronavirus, while employment increased. Analysis reveals these results are similar for men, but not for women. We find more spatial correlation effects on women than on men, and we also find more negative shocks for women than for men. We interpret our results as evidence that men on average accepted declines in wage earnings, which generated an increase in their employment, while females did not accept declines in their earnings and probably changed or quit their jobs. The study cannot distinguish if these results are due to labor market discrimination against women or if they are the result of choices made by the different gender groups in the labor market.