Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys

51 Pages Posted: 4 May 2020

See all articles by Abi Adams-Prassl

Abi Adams-Prassl

University of Oxford - Department of Economics

Teodora Boneva

University College London - Department of Economics

Marta Golin

University of Oxford

Christopher Rauh

University of Cambridge - Cambridge-INET Institute

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Abstract

We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within countries, the impacts are highly unequal and exacerbate existing inequalities. Workers in alternative work arrangements and in occupations in which only a small share of tasks can be done from home are more likely to have reduced their hours, lost their jobs and suffered falls in earnings. Less educated workers and women are more affected by the crisis.

Keywords: recessions, inequality, labor market, unemployment, Coronavirus, COVID-19

JEL Classification: J21, J22, J24, J33, J63

Suggested Citation

Adams-Prassl, Abi and Boneva, Teodora and Golin, Marta and Rauh, Christopher, Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys. IZA Discussion Paper No. 13183, Available at SSRN: https://ssrn.com/abstract=3590881

Abi Adams-Prassl (Contact Author)

University of Oxford - Department of Economics ( email )

Mansfield Road
Oxford, Oxfordshire OX1 4AU
United Kingdom

Teodora Boneva

University College London - Department of Economics ( email )

Drayton House
30 Gordon Street
London, WC1H 0AX
United Kingdom

Marta Golin

University of Oxford

Mansfield Road
Oxford, OX1 4AU
United Kingdom

Christopher Rauh

University of Cambridge - Cambridge-INET Institute ( email )

Sidgwick Avenue
Cambridge, CB3 9DD
United Kingdom

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