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offset furlough-induced income reductions. This creates wealth inequality but lowers the probability a furloughed worker …We study how furlough affects household financial distress during the COVID-19 pandemic. Furlough increases the …, but not mortgagees who can mitigate financial distress by reducing expenditure during furlough by deferring mortgage …
Persistent link: https://www.econbiz.de/10012657991
offset furlough-induced income reductions. This creates wealth inequality but lowers the probability a furloughed worker …We study how furlough affects household financial distress during the COVID-19 pandemic. Furlough increases the …, but not mortgagees who can mitigate financial distress by reducing expenditure during furlough by deferring mortgage …
Persistent link: https://www.econbiz.de/10013212266
offset furlough-induced income reductions. This creates wealth inequality but lowers the probability a furloughed worker …We study how furlough affects household financial distress during the COVID-19 pandemic. Furlough increases the …, but not mortgagees who can mitigate financial distress by reducing expenditure during furlough by deferring mortgage …
Persistent link: https://www.econbiz.de/10013213962
Using new data from the Understanding Society: COVID 19 survey collected in April 2020, we show how the aggregate shock caused by the pandemic affects individuals across the distribution. The survey collects data from existing members of the Under-standing Society panel survey who have been...
Persistent link: https://www.econbiz.de/10012226071
-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 …
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 … 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
We analyse the social protection policy response to COVID-19 and its impact on household incomes in Uruguay during 2020 and 2021, based on static microsimulation methods. From the onset of the crisis, the Uruguayan government implemented adjustments to existing social protection policies as well...
Persistent link: https://www.econbiz.de/10013469621
The COVID-19 pandemic, due to its prevalence, has affected all spheres of socio-economic life, in particular household finances. The aim of the article is to present the impact of the pandemic on the financial situation of Poles and Slovaks who use robo-advisory services, including their...
Persistent link: https://www.econbiz.de/10013459342
In this paper we analyze how consumers in Germany updated expectations about in aflation in response to the COVID-19 outbreak. We use a fixed effects model to estimate the effect of regional exposure to COVID-19 cases, the stringency of restriction measures and local unemployment rates on...
Persistent link: https://www.econbiz.de/10014227597
The highly dynamic nature of the COVID-19 crisis poses an unprecedented challenge to policy makers around the world to take appropriate income-stabilizing countermeasures. To properly design such policy measures, it is important to quantify their effects in real-time. However, data on the...
Persistent link: https://www.econbiz.de/10012383744