Martinez-Bravo, Monica; Sanz, Carlos - In: SERIEs : Journal of the Spanish Economic Association 12 (2021) 4, pp. 489-548
on Spanish households. We document a large and negative effect on household income. By May 2020, the average individual … lived in a household that had lost 16% of their pre-pandemic monthly income. Furthermore, this drop was highly unequal …: while households in the richest quintile lost 6.8% of their income, those in the poorest quintile lost 27%. We also document …