Cargando…

The fall in income inequality during COVID-19 in four European countries

We here use panel data from the COME-HERE survey to track income inequality during COVID-19 in France, Germany, Italy, and Spain. Relative inequality in equivalent household disposable income among individuals changed in a hump-shaped way between January 2020 and January 2021, with an initial rise f...

Descripción completa

Detalles Bibliográficos
Autores principales: Clark, Andrew E., D’Ambrosio, Conchita, Lepinteur, Anthony
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8349307/
https://www.ncbi.nlm.nih.gov/pubmed/34393688
http://dx.doi.org/10.1007/s10888-021-09499-2
_version_ 1783735541498380288
author Clark, Andrew E.
D’Ambrosio, Conchita
Lepinteur, Anthony
author_facet Clark, Andrew E.
D’Ambrosio, Conchita
Lepinteur, Anthony
author_sort Clark, Andrew E.
collection PubMed
description We here use panel data from the COME-HERE survey to track income inequality during COVID-19 in France, Germany, Italy, and Spain. Relative inequality in equivalent household disposable income among individuals changed in a hump-shaped way between January 2020 and January 2021, with an initial rise from January to May 2020 being more than reversed by September 2020. Absolute inequality also fell over this period. Due to the pandemic some households lost more than others, and government compensation schemes were targeted towards the poorest, implying that on average income differences decreased. Generalized Lorenz domination reveals that these distributive changes reduced welfare in Italy. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s10888-021-09499-2.
format Online
Article
Text
id pubmed-8349307
institution National Center for Biotechnology Information
language English
publishDate 2021
publisher Springer US
record_format MEDLINE/PubMed
spelling pubmed-83493072021-08-09 The fall in income inequality during COVID-19 in four European countries Clark, Andrew E. D’Ambrosio, Conchita Lepinteur, Anthony J Econ Inequal Article We here use panel data from the COME-HERE survey to track income inequality during COVID-19 in France, Germany, Italy, and Spain. Relative inequality in equivalent household disposable income among individuals changed in a hump-shaped way between January 2020 and January 2021, with an initial rise from January to May 2020 being more than reversed by September 2020. Absolute inequality also fell over this period. Due to the pandemic some households lost more than others, and government compensation schemes were targeted towards the poorest, implying that on average income differences decreased. Generalized Lorenz domination reveals that these distributive changes reduced welfare in Italy. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s10888-021-09499-2. Springer US 2021-08-08 2021 /pmc/articles/PMC8349307/ /pubmed/34393688 http://dx.doi.org/10.1007/s10888-021-09499-2 Text en © The Author(s) 2021 https://creativecommons.org/licenses/by/4.0/Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Article
Clark, Andrew E.
D’Ambrosio, Conchita
Lepinteur, Anthony
The fall in income inequality during COVID-19 in four European countries
title The fall in income inequality during COVID-19 in four European countries
title_full The fall in income inequality during COVID-19 in four European countries
title_fullStr The fall in income inequality during COVID-19 in four European countries
title_full_unstemmed The fall in income inequality during COVID-19 in four European countries
title_short The fall in income inequality during COVID-19 in four European countries
title_sort fall in income inequality during covid-19 in four european countries
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8349307/
https://www.ncbi.nlm.nih.gov/pubmed/34393688
http://dx.doi.org/10.1007/s10888-021-09499-2
work_keys_str_mv AT clarkandrewe thefallinincomeinequalityduringcovid19infoureuropeancountries
AT dambrosioconchita thefallinincomeinequalityduringcovid19infoureuropeancountries
AT lepinteuranthony thefallinincomeinequalityduringcovid19infoureuropeancountries
AT clarkandrewe fallinincomeinequalityduringcovid19infoureuropeancountries
AT dambrosioconchita fallinincomeinequalityduringcovid19infoureuropeancountries
AT lepinteuranthony fallinincomeinequalityduringcovid19infoureuropeancountries