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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...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer US
2021
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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 |
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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 |
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