Drivers of Working Hours and Household Income Dynamics during the COVID-19 Pandemic: The Case of the Netherlands
Hans-Martin von Gaudecker (),
Lena Janys and
Bettina Siflinger ()
Additional contact information
Bettina Siflinger: Department of Economics, University of Bonn, Adenauerallee 24-42, 53113 Bonn, Germany
No 93, ECONtribute Discussion Papers Series from University of Bonn and University of Cologne, Germany
Using customized panel data spanning the entire year of 2020, we analyze the dynamics of working hours and household income across different stages of the CoVid-19 pandemic. Similar to many other countries, during this period the Netherlands experienced a quick spread of the SARS-CoV-2 virus, adopted a set of fairly strict social distancing measures, gradually reopened, and imposed another lockdown to contain the second wave. We show that socio-economic status is strongly related to changes in working hours, especially when strict economic restrictions are in place. In contrast, household income is equally unaffected for all socio-economic groups. Examining the drivers of these observations, we find that pandemic-specific job characteristics (the ability to work from home and essential worker status) explain most of the socio-economic gradient in total working hours. Furthermore, household income is largely decoupled from shocks to working hours for employees. We provide suggestive evidence that large-scale labor hoarding schemes have helped insure employees against demand shocks to their employees.
Keywords: inequality; labor market; working from home; coronavirus; essential workers; mitigation policies (search for similar items in EconPapers)
JEL-codes: D31 J21 J22 J24 J33 (search for similar items in EconPapers)
Pages: 58 pages
New Economics Papers: this item is included in nep-eur, nep-hrm and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
https://www.econtribute.de/RePEc/ajk/ajkdps/ECONtribute_093_2021.pdf First version, 2021 (application/pdf)
Working Paper: Drivers of Working Hours and Household Income Dynamics during the COVID-19 Pandemic: The Case of the Netherlands (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ajk:ajkdps:093
Access Statistics for this paper
More papers in ECONtribute Discussion Papers Series from University of Bonn and University of Cologne, Germany Niebuhrstrasse 5, 53113 Bonn, Germany.
Bibliographic data for series maintained by ECONtribute Office ().