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COVID-19 income-support programs save lives, says Bates economics professor

Chris (aka MoiVous) Published on May 13, 2021 Massive income-support programs deployed during the pandemic have been more than just a shot in the arm for the world’s economies, says Visiting Assistant Professor of Economics Abraham Asfaw. Visiting Assistant Professor of Economics Abraham Asfaw looks at the public-health benefits of income-support programs during the pandemic. They’ve been a matter of life and death. Economics & Human Biology, Asfaw measured the effects and tradeoffs of income-support programs worldwide during the pandemic, such as paycheck protection and expanded unemployment benefits. His conclusion: ISPs globally “avoided 3.6 million COVID-19 cases and 166,690 deaths” between Feb. 15 and May 15, 2020, the period of his study.

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