Journal of Economic Inequality最新文献_第2页

Top-income adjustments and official statistics on income distribution: the case of the UK 最高收入调整与收入分配的官方统计:以英国为例

IF 2.4 3区经济学

Journal of Economic Inequality Pub Date : 2022-03-01 DOI: 10.1007/s10888-022-09532-y

S. Jenkins

引用次数: 4

Will COVID-19 Have Long-Lasting Effects on Inequality? Evidence from Past Pandemics. COVID-19会对不平等产生长期影响吗?来自过去大流行的证据。

IF 2.4 3区经济学

Journal of Economic Inequality Pub Date : 2022-01-01 DOI: 10.1007/s10888-022-09540-y

Davide Furceri, Prakash Loungani, Jonathan D Ostry, Pietro Pizzuto

引用次数: 39

The dynamics of poverty in Europe: what has changed after the great recession? 欧洲贫困的动态:大衰退后发生了什么变化?

IF 2.4 3区经济学

Journal of Economic Inequality Pub Date : 2022-01-01 DOI: 10.1007/s10888-022-09527-9

Chiara Mussida, Dario Sciulli

{"title":"The dynamics of poverty in Europe: what has changed after the great recession?","authors":"Chiara Mussida, Dario Sciulli","doi":"10.1007/s10888-022-09527-9","DOIUrl":"https://doi.org/10.1007/s10888-022-09527-9","url":null,"abstract":"This paper provides novel evidence on the importance of the phenomenon of poverty and its heterogeneity across European countries. We analyze the determinants of poverty in Europe and their evolution over time by disentangling the role of genuine state dependence and heterogeneity. We apply alternative dynamic probit models accounting for endogenous initial conditions and correlated random effects to the pre-Great Recession period of 2005-2008 and the post- Great Recession period of 2015-2018 using EU-SILC longitudinal datasets for a sample of European countries in order to estimate genuine state dependence and uncover the role of observable and unobservable factors in determining the risk of poverty. Our findings suggest that the degree of genuine state dependence is relevant in Europe and that it increased slightly from pre- to post-Great Recession. This suggests that measures aimed at lifting individuals out of poverty, including cash transfers, have become even more important during the Europe 2020 decade. Our analysis also reveals that Europe is characterized by an increasing scarring effect of poverty, the trend of which has been exacerbated in the post-recession period. The analysis at the country level clarifies why the evolution of genuine state dependence was heterogeneous. While a clear pattern within macro-regions does not emerge, we find an association between country-level variation in genuine state dependence and some macroeconomic indicators. Finally, our results suggest that the protective role of higher education has diminished over time, while the role of employment stability and of childcare provision during early childhood has become even more important in the post-recession period.","PeriodicalId":51559,"journal":{"name":"Journal of Economic Inequality","volume":"20 4","pages":"915-937"},"PeriodicalIF":2.4,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9135981/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10439627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

The COVID-19 resilience of a continental welfare regime - nowcasting the distributional impact of the crisis. 欧洲大陆福利制度的抗疫能力——临近危机对分配的影响。

IF 2.4 3区经济学

Journal of Economic Inequality Pub Date : 2022-01-01 DOI: 10.1007/s10888-021-09524-4

Denisa M Sologon, Cathal O'Donoghue, Iryna Kyzyma, Jinjing Li, Jules Linden, Raymond Wagener

{"title":"The COVID-19 resilience of a continental welfare regime - nowcasting the distributional impact of the crisis.","authors":"Denisa M Sologon, Cathal O'Donoghue, Iryna Kyzyma, Jinjing Li, Jules Linden, Raymond Wagener","doi":"10.1007/s10888-021-09524-4","DOIUrl":"https://doi.org/10.1007/s10888-021-09524-4","url":null,"abstract":"We evaluate the COVID-19 resilience of a Continental welfare regime by nowcasting the implications of the shock and its associated policy responses on the distribution of household incomes over the whole of 2020. Our approach relies on a dynamic microsimulation modelling that combines a household income generation model estimated on the latest EU-SILC wave with novel nowcasting techniques to calibrate the simulations using external macro controls which reflect the macroeconomic climate during the crisis. We focus on Luxembourg, a country that introduced minor tweaks to the existing tax-benefit system, which has a strong social insurance focus that gave certainty during the crisis. We find the system was well-equipped ahead of the crisis to cushion household incomes against job losses. The income-support policy changes were effective in cushioning household incomes and mitigating an increase in income inequality, allowing average household disposable income and inequality levels to bounce back to pre-crisis levels in the last quarter of 2020. The share of labour incomes dropped, but was compensated by an increase in benefits, reflecting the cushioning effect of the transfer system. Overall market incomes dropped and became more unequal. Their disequalizing evolution was matched by an increase in redistribution, driven by an increase in the generosity of benefits and larger access to benefits. The nowcasting model is a \"near\" real-time analysis and decision support tool to monitor the recovery, scalable to other countries with high applicability for policymakers.Supplementary information: The online version contains supplementary material available at doi:10.1007/s10888-021-09524-4.","PeriodicalId":51559,"journal":{"name":"Journal of Economic Inequality","volume":"20 4","pages":"777-809"},"PeriodicalIF":2.4,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8861260/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10379807","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Correction to: the Fall in Income Inequality during COVID-19 in Four European Countries. 更正:四个欧洲国家在2019冠状病毒病期间收入不平等程度下降。

IF 2.4 3区经济学

Journal of Economic Inequality Pub Date : 2022-01-01 Epub Date: 2022-02-18 DOI: 10.1007/s10888-021-09516-4

Andrew E Clark, Conchita D'Ambrosio, Anthony Lepinteur

引用次数: 2

Intergenerational transmission of lockdown consequences: prognosis of the longer-run persistence of COVID-19 in Latin America 封锁后果的代际传递:COVID-19在拉丁美洲长期持续的预测

IF 2.4 3区经济学

Journal of Economic Inequality Pub Date : 2021-07-31 DOI: 10.2139/ssrn.3871651

Guido Neidhöfer, N. Lustig, M. Tommasi

引用次数: 30

Introduction March 2021 issue. 2021年3月号。

IF 2.4 3区经济学

Journal of Economic Inequality Pub Date : 2021-01-01 Epub Date: 2021-02-23 DOI: 10.1007/s10888-021-09480-z

Frank Cowell, Cecilia García-Peñalosa

引用次数: 0

The impact of COVID-19 on households´ income in the EU. COVID-19 对欧盟家庭收入的影响。

IF 3.6 3区经济学

Journal of Economic Inequality Pub Date : 2021-01-01 Epub Date: 2021-06-01 DOI: 10.1007/s10888-021-09485-8

Vanda Almeida, Salvador Barrios, Michael Christl, Silvia De Poli, Alberto Tumino, Wouter van der Wielen

{"title":"The impact of COVID-19 on households´ income in the EU.","authors":"Vanda Almeida, Salvador Barrios, Michael Christl, Silvia De Poli, Alberto Tumino, Wouter van der Wielen","doi":"10.1007/s10888-021-09485-8","DOIUrl":"10.1007/s10888-021-09485-8","url":null,"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.","PeriodicalId":51559,"journal":{"name":"Journal of Economic Inequality","volume":"19 3","pages":"413-431"},"PeriodicalIF":3.6,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8167381/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"38986244","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Did the UK policy response to Covid-19 protect household incomes? 英国应对新冠肺炎的政策是否保护了家庭收入?

IF 2.4 3区经济学

Journal of Economic Inequality Pub Date : 2021-01-01 Epub Date: 2021-08-06 DOI: 10.1007/s10888-021-09491-w

Mike Brewer, Iva Valentinova Tasseva

{"title":"Did the UK policy response to Covid-19 protect household incomes?","authors":"Mike Brewer, Iva Valentinova Tasseva","doi":"10.1007/s10888-021-09491-w","DOIUrl":"https://doi.org/10.1007/s10888-021-09491-w","url":null,"abstract":"We analyse the UK policy response to Covid-19 and its impact on household incomes in the UK in April and May 2020, using microsimulation methods. We estimate that households lost a substantial share of their net income of 6.9% on average. But policies protected household incomes to a substantial degree: compared to the drop in net income, GDP per capita fell by 18.9% between the first and second quarter of 2020. Earnings subsidies (the Coronavirus Job Retention Scheme) protected household finances and provided the main insurance mechanism during the crisis. Besides subsidies, Covid-related increases to state benefits, as well as the automatic stabilisers in the tax and benefit system, played an important role in mitigating the income losses. However, analysing the impact of a near-decade of austerity on the UK safety net, we find that, compared to 2011 policies, the 2020 pre-Covid tax-benefit policies would have been less effective in insuring incomes against the shocks. We also assess the potential distributional impact of introducing a Universal Basic Income (UBI) instead of the Covid emergency measures and find that a UBI would have supported the incomes of different vulnerable groups but would have provided less protection to those hit hardest by the labour market shocks.Supplementary information: The online version contains supplementary material available at 10.1007/s10888-021-09491-w.","PeriodicalId":51559,"journal":{"name":"Journal of Economic Inequality","volume":"19 3","pages":"433-458"},"PeriodicalIF":2.4,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8345904/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39312239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 60

The fall in income inequality during COVID-19 in four European countries. COVID-19 期间四个欧洲国家收入不平等程度的下降。

IF 3.6 3区经济学

Journal of Economic Inequality Pub Date : 2021-01-01 Epub Date: 2021-08-08 DOI: 10.1007/s10888-021-09499-2

Andrew E Clark, Conchita D'Ambrosio, Anthony Lepinteur

引用次数: 0