Adams-Prassl, A., Boneva, T., Golin, M. and Rauh, C.

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

CWPE2032

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: COVID-19, Recessions, Inequality, Labor market, Unemployment, Coronavirus

JEL Codes: J21 J22 J24 J33 J63

Author links: Christopher Rauh  

PDF: https://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe2032.pdf

Open Access Link: https://doi.org/10.17863/CAM.57992

COVID-19 Economic Research Special Feature: COVID-19 and the Effect on Workers

Keynes Fund Project(s):
The Impact of Automation and Fears of Job Displacement on Political Preferences (JHUQ)  

Published Version of Paper: Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys, Adams-Prassl, A., Boneva, T., Golin, M. and Rauh, C., Journal of Public Economics (2020)

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