COVID-19 and (gender) inequality in income: The impact of discretionary policy measures in Austria

Michael Christl, Silvia De Poli, Dénes Kucsera and Hanno Lorenz

No 22, Working Papers from Agenda Austria

Abstract: This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques, that enable specic labor market transitions to be modeled. We find that discretionary fiscal policy measures in Austria are key to counteracting the inequality- and poverty-enhancing eect of COVID-19. Additionally, we find that females tend to experience a greater loss in terms of market income. The Austrian tax-benet system, however, reduces this gender dierences. Disposable income has dropped by around 1% for both males and females. By comparison, males profit mainly from short-time work scheme, while females profit especially from other discretionary policy measures, such as the one-off payment for children.

Keywords: COVID-19; short-time work scheme; labour market; inequality; EUROMOD; micro-simulation; STW; automatic stabilizers (search for similar items in EconPapers)
JEL-codes: D31 E24 H24 (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-eur, nep-mac and nep-ore
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: COVID-19 and (gender) inequality in income: the impact of discretionary policy measures in Austria (2022)
Working Paper: COVID-19 and (gender) inequality in income: the impact of discretionary policy measures in Austria (2021)
Working Paper: COVID-19 and (gender) inequality in income: the impact of discretionary policy measures in Austria (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:agawps:22

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