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

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 8265

Classification and Topics

• Classification: Wirtschaft ; Labor Force and Employment, Size, and Structure ; Time Allocation and Labor Supply ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Compensation Packages; Payment Methods ; Labor Turnover; Vacancies; Layoffs
• Subject: recessions ; inequality ; labor market ; unemployment ; coronavirus

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Adams-Prassl, Abi ; Boneva, Teodora ; Golin, Marta ; Rauh, Christopher
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2020

Further information

• Handle: http://hdl.handle.net/10419/217016
• Last update: 10.03.2025, 11:41 AM CET