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How Are Lower-Income Families Faring in the Coronavirus Crisis?

Author

Listed:
  • Benjamin Arold
  • Vera Freundl
  • Katia Werkmeister
  • Larissa Zierow

Abstract

An online survey of 2,216 parents in November 2020 recorded how lower-income families with children in Germany fared during the coronavirus crisis. One-third of respondents reported that money was tight at the end of the month more often than before the pandemic. This financial situation also affects families’ consumption behavior: just under half of respondents (47 percent) spent less during the coronavirus crisis than before.

Suggested Citation

  • Benjamin Arold & Vera Freundl & Katia Werkmeister & Larissa Zierow, 2021. "How Are Lower-Income Families Faring in the Coronavirus Crisis?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(06), pages 46-49, June.
    • Handle: RePEc:ces:ifosdt:v:74:y:2021:i:06:p:46-49
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    File URL: https://www.ifo.de/DocDL/sd-2021-06-freundl-etal-einkommenschwache-familien-coronakrise.pdf
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    Cited by:

    1. Stephanie Lange & Claire-Marie Altrock & Emily Gossmann & Jörg M. Fegert & Andreas Jud, 2022. "COVID-19—What Price Do Children Pay? An Analysis of Economic and Social Policy Factors," IJERPH, MDPI, vol. 19(13), pages 1-15, June.

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