Gender Inequality During the Covid-19 Pandemic: Income, Expenditure, Savings, and Job Loss

30 Pages Posted: 9 Nov 2020

See all articles by Hai-Anh Dang

Hai-Anh Dang

World Bank - Development Data Group (DECDG); IZA Institute of Labor Economics; Indiana University Bloomington - School of Public & Environmental Affairs (SPEA); Global Labor Organization (GLO); Vietnam National University Ha Noi; Vietnam Academy of Social Sciences (VASS) - Centre for Analysis and Forecasting

Cuong Viet Nguyen

(NEU) National Economics University of Vietnam

Abstract

The COVID-19 outbreak has brought unprecedented disruptions to the global economies and has led to income loss and high unemployment rates. But scant, if any, evidence exists on gender gaps in economic outcomes such as income, expenditure, savings, and job loss in a multi-country setting. We investigate the impacts of COVID-19 on gender inequality in these outcomes using data from a six-country survey that covers countries in different geographical locations and at various income levels. Our findings suggest that women are 24 percent more likely to permanently lose their job than men because of the outbreak. Women also expect their labor income to fall by 50 percent more than men do. Perhaps because of these concerns, women tend to reduce their current consumption and increase savings. Factors such as the different participation rates in work industries for men and women may take an important part in explaining these gender gaps. Our estimates also point to country heterogeneity in these gender differences that is likely due to varying infection rates and shares of women in the labor force.

Keywords: COVID-19, gender gap, income, employment, job loss

JEL Classification: J16, J21, O12

Suggested Citation

Dang, Hai-Anh H. and Nguyen, Cuong Viet, Gender Inequality During the Covid-19 Pandemic: Income, Expenditure, Savings, and Job Loss. IZA Discussion Paper No. 13824, Available at SSRN: https://ssrn.com/abstract=3726426

Hai-Anh H. Dang (Contact Author)

World Bank - Development Data Group (DECDG) ( email )

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Indiana University Bloomington - School of Public & Environmental Affairs (SPEA) ( email )

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Vietnam National University Ha Noi ( email )

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Cuong Viet Nguyen

(NEU) National Economics University of Vietnam ( email )

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Hanoi, Hanoi 10000
Vietnam

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