Davide Furceri, Prakash Loungani, Jonathan D Ostry, Pietro Pizzuto
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Will COVID-19 Have Long-Lasting Effects on Inequality? Evidence from Past Pandemics.
This paper provides evidence on the impact of major epidemics from the past two decades on income distribution. The pandemics in our sample, even though much smaller in scale than COVID-19, have led to increases in the Gini coefficient, raised the income share of higher-income deciles, and lowered the employment-to-population ratio for those with basic education compared to those with higher education. We provide some evidence that the distributional consequences from the current pandemic may be larger than those flowing from the historical pandemics in our sample, and larger than those following typical recessions and financial crises.
Supplementary information: The online version contains supplementary material available at 10.1007/s10888-022-09540-y.
期刊介绍：
The Journal of Economic Inequality provides a forum for analysis of ''economic inequality'', broadly defined. Its scope includes: · Theoretical and empirical analysis· Monetary measures of ''well-being'' such as earnings, income, consumption, and wealth; non-monetary measures such as educational achievement and health and health care; multidimensional measures· Inequality and poverty within and between countries, and globally, and their trends over time· Inequalities of opportunity· Income mobility and poverty persistence· The factor distribution of income· Differences in ''well-being'' between socioeconomic groups, for example between men and women, generations, or ethnic groups· The effects of inequality on macroeconomic and other phenomena, and vice versa· Related statistical methods and data issues · Related policy analysis Papers need to prioritize the ''economic inequality'' dimension. For example, papers about trade and inequality, or inequality and growth, should not primarily be about trade or growth (in which case they should target a different journal). The same is true for papers considering the inter-relationships between the income distribution and the labour market, public policy, or demography.
Officially cited as: J Econ Inequal
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