Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys

Abi Adams-Prassl, Teodora Boneva, Marta Golin and Christopher Rauh

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within countries, the impacts are highly unequal and exacerbate existing inequalities. Workers in alternative work arrangements and in occupations in which only a small share of tasks can be done from home are more likely to have reduced their hours, lost their jobs and suffered falls in earnings. Less educated workers and women are more affected by the crisis.

Keywords: COVID-19; Recessions; Inequality; Labor market; Unemployment; Coronavirus (search for similar items in EconPapers)
JEL-codes: J21 J22 J24 J33 J63 (search for similar items in EconPapers)
Date: 2020-04-17
Note: cr542
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (760)

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Related works:
Journal Article: Inequality in the impact of the coronavirus shock: Evidence from real time surveys (2020)
Working Paper: Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys (2020)
Working Paper: Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys (2020)
Working Paper: Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:cam:camdae:2032

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