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-benefit policies stabilized earnings losses. We then evaluate the impact on income-based poverty and inequality and the contribution of … inequality, and somewhat larger effects on the poverty gap due to lower relative earnings losses of the poor population at the … discretionary tax-benefit policies in alleviating the shock. Our analysis shows modest increases in headcount poverty rates and …
Persistent link: https://www.econbiz.de/10012650881
dramatic increase in income poverty and inequality between December 2019 and June 2020. The poverty rate, measured with the … national poverty line, goes up from 25.7 to 58.2 per cent over this period and extreme poverty increases from 9.2 to 38.6 per … cent. Inequality measured by the Gini coefficient increases substantially from 0.461 to 0.592. On average, household …
Persistent link: https://www.econbiz.de/10012416536
extend these enhancements to 2022. The adverse impact was immediate. The January 2022 monthly child poverty rate increased by … children falling into poverty. Latinx and Black children experienced the largest increases in poverty (7.1 percent and 5 ….9 percent, respectively). As poverty data continues to flood in from the U.S. Census Bureau and others, the evidence is …
Persistent link: https://www.econbiz.de/10014262930
offset furlough-induced income reductions. This creates wealth inequality but lowers the probability a furloughed worker …
Persistent link: https://www.econbiz.de/10012619269
poverty and inequality in India during the pandemic. We have three main findings. First, India has made significant progress … have temporarily increased poverty and inequality. Second, education and employment status seem to be the main factors … in reducing poverty in recent decades, but the economic downturn associated with the COVID-19 pandemic is estimated to …
Persistent link: https://www.econbiz.de/10014349469
pandemic reduced household income, increased the poverty rate, and worsened wage equality. It increased the proportion of below …
Persistent link: https://www.econbiz.de/10013417527
inequality. Despite significantly faster wage growth in the examined post-communist countries of Central and Eastern Europe … direct implications for income inequality but also translates into limitations of automatic fiscal drag effects on government …
Persistent link: https://www.econbiz.de/10014030811
. Monthly earnings inequality increased during the pandemic, and the key driver is income losses among low-paid individuals … dampened the inequality increase, but did not fully offset it. Annual total market income inequality, which also includes … capital income and taxable transfers, shows similar patterns of increasing inequality during the pandemic. …
Persistent link: https://www.econbiz.de/10012584342
. Monthly earnings inequality increased during the pandemic, and the key driver is income losses among low-paid individuals … dampened the inequality increase, but did not fully offset it. Annual total market income inequality, which also includes … capital income and taxable transfers, shows similar patterns of increasing inequality during the pandemic. …
Persistent link: https://www.econbiz.de/10012589571
. Monthly earnings inequality increased during the pandemic, and the key driver is income losses among low-paid individuals … dampened the inequality increase, but did not fully offset it. Annual total market income inequality, which also includes … capital income and taxable transfers, shows similar patterns of increasing inequality during the pandemic. …
Persistent link: https://www.econbiz.de/10012597261