Arbeitspapier

Social Gradients in Employment during and after the COVID-19 Pandemic

We examine employment effects of the COVID-19 crisis in Norway during the initial lockdown, through the subsequent recovery, and after the dust had settled. While we identify large and socially skewed effects of the crisis through its early phases, we find no long-term effects on employees exposed to early risk of job loss. For those employed at the onset of the pandemic, both the level and the socioeconomic composition of employment quickly returned to normal. In contrast, we find considerable negative long-term employment effects on people who were non-employed when the crisis hit. We argue that these patterns can be explained by social insurance policies that gave priority to protecting existing jobs and to distribute benefits to those who were temporarily laid off. Given the extreme increase in the social insurance caseload, an almost unavoidable side-effect was reduced capacity for providing services to the already non-employed.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 16260

Klassifikation
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Demographic Trends, Macroeconomic Effects, and Forecasts
Thema
labor demand shock
COVID-19
employment
social gradient

Ereignis
Geistige Schöpfung
(wer)
Alstadsæter, Annette
Bratsberg, Bernt
Markussen, Simen
Raaum, Oddbjørn
Røed, Knut
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2023

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Alstadsæter, Annette
  • Bratsberg, Bernt
  • Markussen, Simen
  • Raaum, Oddbjørn
  • Røed, Knut
  • Institute of Labor Economics (IZA)

Entstanden

  • 2023

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