ArticleJournal of economic inequality2021
The impact of COVID-19 on households´ income in the EU.
Article in Journal of economic inequality, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 27 papers.
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Who cites it
27 citing papers in PubMed, 164 citations in OpenAlex.
- Trends in Income and Well-Being Inequality During the COVID-19 Pandemic in Japan.Social indicators research · 2024Article
- Public health events and economic growth in a neoclassical framework.BMC public health · 2024Article
- Pandemic Fatigue and Preferences for COVID-19 Public Health and Social Measures in China: Nationwide Discrete Choice Experiment.JMIR public health and surveillance · 2024Article
- The influence of social interactions in mitigating psychological distress during the COVID-19 pandemic: a study in Sri Lanka.Frontiers in psychology · 2024Article
- Has food security in the EU countries worsened during the COVID-19 pandemic? Analysis of physical and economic access to food.PloS one · 2024Article
- Impact of coronavirus disease 2019 on consumers' perceptions of genetically modified food.GM crops & food · 2023Article
- COVID-19 incidence of poverty: How has disease affected the cost of purchasing food in Pakistan.Preventive medicine reports · 2023Article
- Article
- The challenge of estimating the direct and indirect effects of COVID-19 interventions - Toward an integrated economic and epidemiological approach.Economics and human biology · 2023Review
- SOS incomes: simulated effects of COVID-19 and emergency benefits on individual and household income distribution in Italy.Journal of European social policy · 2023Article
- Catastrophic health care spending in managing type 2 diabetes before and during the COVID-19 pandemic in Tanzania.PLOS global public health · 2023Article
- Experiences of aftermath of COVID-19 in relation to social, financial and health related aspects among previously hospitalized patients: a qualitative exploration.Frontiers in public health · 2023Article
- Health inequity in pandemic anxiety about COVID-19 infection and socioeconomic consequences in Japan: A structural equation modeling approach.SSM - population health · 2022Article
- The impact of COVID-19 on employment and income of vocational graduates in China: Evidence from surveys in January and July 2020.China economic review · 2022Article
- The Impacts of COVID-19 Shock on Intergenerational Income Mobility: Evidence from China.International journal of environmental research and public health · 2022Article
- A theory of fiscal policy response to an epidemic.Health economics · 2022Article
- Socio-Demographic Composition and Potential Occupational Exposure to SARS-CoV2 under Routine Working Conditions among Key Workers in France.International journal of environmental research and public health · 2022Article
- Lockdown, Earnings Losses and Household Asset Buffers in Europe.The Review of income and wealth · 2022Article
- The role of short-time work and discretionary policy measures in mitigating the effects of the COVID-19 crisis in Germany.International tax and public finance · 2022Article
- Association between perceived decline in family income due to COVID-19 and alcohol consumption among Korean adolescents.Journal of affective disorders · 2022Article
Corrections and comments
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Authors and funding
6 authors at 2 institutions in 3 countries.
Funding
No grant is acknowledged in the PubMed record.
Abstract
This analysis makes use of economic forecasts for 2020 issued by the European Commission in Autumn 2019 and Spring 2020, and of a counterfactual under a no-policy change assumption, to analyse the impact of the COVID-19 crisis on EU households´ income. Additionally, our analysis assesses the cushioning effect of discretionary fiscal policy measures taken by the EU Member States. We find that the COVID-19 pandemic is likely to affect significantly households' disposable income in the EU, with lower income households being more severely hit. However, our results show that due to policy intervention, the impact of the crisis is expected to be similar to the one experienced during the 2008-2009 financial crisis. In detail, our results indicate that discretionary fiscal policy measures will play a significant cushioning role, reducing the size of the income loss (from -9.3% to -4.3% for the average equivalised disposable income), its regressivity and mitigating the poverty impact of the pandemic. We conclude that policy interventions are therefore instrumental in cushioning against the impact of the crisis on inequality and poverty. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s10888-021-09485-8.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.