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. 2021 Nov 19;193:473–496. doi: 10.1016/j.jebo.2021.11.015

Fig. 2.

Fig. 2

Effects of Government Response at Onset of COVID-19 Pandemic Notes: Panel A depicts the individual-level weighted pairwise relationship between the variables indicated in the figure heading and row, controlling for respondents’ age, gender, education, health as well as country and date fixed effects. The regressions in Panel B are estimated using the individual-level weighted data, controlling for country and day fixed effects; the independent variable is an indicator of whether the country implemented a lockdown (“stay at home” policy). Standard errors in Panel A and B are clustered by country. The regressions in Panel C are estimated using the individual-level data from the UK and a set of control group countries. The regressions control for country-by-education-by-gender fixed effects and date fixed effects. The independent variable is an indicator variable taking the value 1 for respondents participating from the UK after the 23 March 2020. Panels D, E and F illustrate the impact of the UK lockdown announcement among respondents from the UK compared to the average time trend among participants from control group countries on perceptions of sufficiency of the government response, the CBAI and the second-order beliefs. Standard errors in Panels C-F are clustered by country-age-gender. All figures show standardized beta coefficients.