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The socioeconomic patterns of COVID outside advanced economies: the case of Bogotá

Author

Listed:
  • Marcela Eslava
  • Oscar Becerra
  • Juan Camilo Cárdenas
  • Margarita Isaacs
  • Daniel Mejía

Abstract

Using Bogota’s system of socioeconomic division, the “strata”, we show that falling ill with a serious case of COVID has been over eight times more likely for an individual in the lowest stratum, where the poorer population concentrates, compared to one in the highest. Other pieces of evidence are consistent with this being driven by more exposure to contagion, at least partly driven by people in the lower strata being: 1) Less likely to be in occupations fit for telework; 2) Not only more vulnerable ex ante but also disproportionately hit by the economic effects of the crisis, and therefore pushed to go to work; 3) Subject to more crowding at home; 4) Less likely to recognize a high risk of contagion. The mechanisms that we quantify will imply a widening of the socioeconomic gaps resulting from the pandemic, in one of the world’s most unequal societies.

Suggested Citation

  • Marcela Eslava & Oscar Becerra & Juan Camilo Cárdenas & Margarita Isaacs & Daniel Mejía, 2019. "The socioeconomic patterns of COVID outside advanced economies: the case of Bogotá," Documentos CEDE 18525, Universidad de los Andes, Facultad de Economía, CEDE.
    • Handle: RePEc:col:000089:018525
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    File URL: https://repositorio.uniandes.edu.co/bitstream/handle/1992/47906/dcede2020-45.pdf
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    References listed on IDEAS

    as
    1. Laura Alfaro & Oscar Becerra & Marcela Eslava, 2020. "EMEs and COVID-19: Shutting Down in a World of Informal and Tiny Firms," NBER Working Papers 27360, National Bureau of Economic Research, Inc.
    2. Dingel, Jonathan I. & Neiman, Brent, 2020. "How many jobs can be done at home?," Journal of Public Economics, Elsevier, vol. 189(C).
    3. Laura Alfaro & Oscar Becerra & Marcela Eslava, 2020. "EMEs and COVID-19 Shutting Down in a World of Informal and Tiny Firms Laura Alfaro, Oscar Becerra y Marcela Eslava," Documentos CEDE 18193, Universidad de los Andes, Facultad de Economía, CEDE.
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    More about this item

    Keywords

    COVID; Inequality; Socioeconomic Impact; Psychological Biases; Latin America; Colombia;
    All these keywords.

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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