Pandemic Policy and Individual Income Changes across Europe

Andrew Clark, Conchita D'Ambrosio, Anthony Lepinteur and Giorgia Menta

No 600, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: We use data from the COME-HERE panel survey collected by the University of Luxembourg to assess the effects of COVID-19 policy responses on disposable incomes in France, Germany, Italy, Spain and Sweden between January 2020 and October 2021. Policy responses are measured by the Stringency and Economic Support Indices from the Oxford COVID-19 Government-Response Tracker. Controlling for the evolution of the pandemic itself, we find that the income cost of greater stringency measures is borne only by the most economically-vulnerable, while government economic-support measures have a positive effect across the income distribution.

Keywords: COVID-19; Income losses; Lockdown policies; Economic support policies (search for similar items in EconPapers)
JEL-codes: H24 I18 I32 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2022-02
New Economics Papers: this item is included in nep-eec, nep-hea and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:inq:inqwps:ecineq2022-600

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