ArticleJournal of Asian economics2023
Impacts of the COVID-19 crisis on single-person households in South Korea.
Article in Journal of Asian economics, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 3 papers.
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
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Who cites it
3 citing papers in PubMed.
- Energy price instability and energy efficiency: Korea's macroeconomic framework during the COVID-19 pandemic.PloS one · 2025Article
- Multimodal fall detection for solitary individuals based on audio-video decision fusion processing.Heliyon · 2024Article
- Statistical learning models to measure the impact of COVID-19 on financial fragility.Frontiers in artificial intelligence · 2024Article
Corrections and comments
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Authors and funding
3 authors.
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Abstract
Using nationally representative income and expenditure data from South Korea, we show that single-person households suffered a much greater decrease in household income and expenditure compared to multi-persons households during the COVID-19 pandemic in 2020. Negative effects on income were largest for the single-person households in ages 50-64, mostly driven by decreases in earned income rather than business income. There was no corresponding decrease in consumption expenditures, however, other than on transportation expenditure for young men. Notably, there were significant decreases in non-consumption expenditures that are related to formal and informal consumption-smoothing mechanisms, such as spending on insurances, pensions, and household transfers. Our findings highlight the disproportionately negative effects of the COVID-19 pandemic on the middle-aged single-person households. With reduced spending on consumption-smoothing mechanisms, this group is likely to be even more vulnerable to negative income shocks in the future.
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