Andrew E Clark, Conchita D'Ambrosio, Anthony Lepinteur
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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 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.
期刊介绍:
The Journal of Economic Inequality provides a forum for analysis of ''economic inequality'', broadly defined. Its scope includes: · Theoretical and empirical analysis· Monetary measures of ''well-being'' such as earnings, income, consumption, and wealth; non-monetary measures such as educational achievement and health and health care; multidimensional measures· Inequality and poverty within and between countries, and globally, and their trends over time· Inequalities of opportunity· Income mobility and poverty persistence· The factor distribution of income· Differences in ''well-being'' between socioeconomic groups, for example between men and women, generations, or ethnic groups· The effects of inequality on macroeconomic and other phenomena, and vice versa· Related statistical methods and data issues · Related policy analysis Papers need to prioritize the ''economic inequality'' dimension. For example, papers about trade and inequality, or inequality and growth, should not primarily be about trade or growth (in which case they should target a different journal). The same is true for papers considering the inter-relationships between the income distribution and the labour market, public policy, or demography.
Officially cited as: J Econ Inequal