Gupta, Arpit; Malani, Anup; Woda, Bartosz - National Bureau of Economic Research - 2021
incidence of economic harms during the COVID pandemic. We observe a sharp spike in poverty, peaking during India's sharp but … short lockdown. However, there was a striking decrease in income inequality outside the lockdown. There was a smaller … decrease in consumption inequality, likely due to consumption smoothing. Evidence supports two mechanisms for the decline in …