COVID-19 and (gender) inequality in income: the impact of discretionary policy measures in Austria

Swiss Journal of Economics and Statistics

Dénes Kucsera¹  Hanno Lorenz¹  Silvia De Poli²  Michael Christl² 

[1] Agenda Austria, Vienna, Austria;Fiscal Policy Analysis (B2 Unit), European Commission (JRC), Seville, Spain;

关键词: COVID-19;    EUROMOD;    Micro-simulation;    STW;    Automatic stabilizers;    D31;    E24;    H24;   

DOI  :  10.1186/s41937-022-00084-6

来源: Springer

【 摘 要 】

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.

【 授权许可】

CC BY