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COVID-19 and (gender) inequality in income: the impact of discretionary policy measures in Austria
[Zeitschriftenartikel]
Abstract This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques that enable specific labor market transitions to be modeled. We find that discretionary fiscal policy measures in Aus... mehr
This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques that enable specific labor market transitions to be modeled. We find that discretionary fiscal policy measures in Austria are key to counteracting the inequality- and poverty-enhancing effect of COVID-19. Additionally, we find that females tend to experience a greater loss in terms of market income. The Austrian tax-benefit system, however, reduces this gender differences. Disposable income has dropped by around 1% for both males and females. By comparison, males profit mainly from short-time work scheme, while females profit especially from other discretionary policy measures, such as the one-off payment for children.... weniger
Thesaurusschlagwörter
Epidemie; Österreich; Haushaltseinkommen; Ungleichheit; Armutsbekämpfung; Steuersystem; Transferleistung; Kurzarbeit; staatliche Einflussnahme; Wirtschaftspolitik; Geschlechterverhältnis; geschlechtsspezifische Faktoren
Klassifikation
Wirtschaftspolitik
Wirtschaftssoziologie
Freie Schlagwörter
Corona; COVID-19; Coronavirus; EUROMOD; micro-simulation; STW; automatic stabilizers; EU-SILC 2018
Sprache Dokument
Englisch
Publikationsjahr
2022
Seitenangabe
S. 1-17
Zeitschriftentitel
Swiss Journal of Economics and Statistics (2022) 158
DOI
https://doi.org/10.1186/s41937-022-00084-6
ISSN
2235-6282
Status
Veröffentlichungsversion; begutachtet (peer reviewed)