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Lives and Livelihoods : Estimates of the Global Mortality and Poverty Effects of the Covid-19 Pandemic
Decerf, Benoit - 2020
This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two dierent scenarios for its … 2020, the pandemic (and the observed private and policy responses) has generated at least 68 million additional poverty …
Persistent link: https://www.econbiz.de/10012826740
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Impacts of the Covid-19 Pandemic and the Cares Act on Earnings and Inequality
Cortes, Guido Matias - 2020
Using data from the Current Population Survey (CPS), we show that the COVID-19 pandemic led to a loss of aggregate real labor earnings of more than $250 billion between March and July 2020. By exploiting the panel structure of the CPS, we show that the decline in aggregate earnings was entirely...
Persistent link: https://www.econbiz.de/10012824413