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Given the rapid spread of the COVID-19 virus, the State has had to respond rapidly and quite severely to flatten the curve and slow the spread of the virus. This has had significant implications for many aspects of life with differential impacts across the population. The lack of timely...
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of changes in employment due to the COVID-19 crisis on inequality and poverty using the recently developed tax … recently released Integrated Household Survey which was collected just before the COVID-19 crisis. We find that the poverty … measured by headcount and poverty gap increases because of the COVID-19 outbreak. The pandemic has also worsened inequality as …
Persistent link: https://www.econbiz.de/10012886547
Fiscal policy is central to not only macroeconomic stability and growth, but also to poverty and inequality reduction … insufficient to compensate for the effect of taxes, resulting in net increases in poverty. In the context of upper …
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of fiscal policy on income redistribution, and poverty in South Africa. We find, in accordance with previous research …, that direct taxes and cash transfers are overall progressive and reduce inequality and poverty. Our disaggregated analyses …
Persistent link: https://www.econbiz.de/10011883375
. Poverty, as measured by the at risk of poverty (AROP) rate, would increase significantly, even in presence of policy measures … (+1.7pp), although this result depend on whether we anchor the poverty line to its pre-crisis level. When doing so, the … impact of the COVID crisis on poverty becomes very close to the one observed in the aftermath of the financial crisis (i …
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's fiscal policies also lead to a reduction in poverty, mainly due to well-targeted direct transfers …
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