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Pandemic Policy and Individual Income Changes across Europe

Author

Listed:
  • Andrew Clark

    (Paris School of Economics)

  • Conchita D'Ambrosio

    (University of Luxembourg)

  • Anthony Lepinteur

    (University of Luxembourg)

  • Giorgia Menta

    (Luxembourg Institute of Socio-Economic Research)

Abstract

We use data from the COME-HERE panel survey collected by the University of Luxembourg to assess the effects of COVID-19 policy responses on disposable incomes in France, Germany, Italy, Spain and Sweden between January 2020 and October 2021. Policy responses are measured by the Stringency and Economic Support Indices from the Oxford COVID-19 Government-Response Tracker. Controlling for the evolution of the pandemic itself, we find that the income cost of greater stringency measures is borne only by the most economically-vulnerable, while government economic-support measures have a positive effect across the income distribution.

Suggested Citation

  • Andrew Clark & Conchita D'Ambrosio & Anthony Lepinteur & Giorgia Menta, 2022. "Pandemic Policy and Individual Income Changes across Europe," Working Papers 600, ECINEQ, Society for the Study of Economic Inequality.
  • Handle: RePEc:inq:inqwps:ecineq2022-600
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    File URL: http://www.ecineq.org/milano/WP/ECINEQ2022-600.pdf
    File Function: First version, 2022
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    References listed on IDEAS

    as
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    2. Andrew E. Clark & Anthony Lepinteur, 2022. "Pandemic Policy and Life Satisfaction in Europe," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(2), pages 393-408, June.
    3. Thomas Hale & Noam Angrist & Rafael Goldszmidt & Beatriz Kira & Anna Petherick & Toby Phillips & Samuel Webster & Emily Cameron-Blake & Laura Hallas & Saptarshi Majumdar & Helen Tatlow, 2021. "A global panel database of pandemic policies (Oxford COVID-19 Government Response Tracker)," Nature Human Behaviour, Nature, vol. 5(4), pages 529-538, April.
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    Cited by:

    1. Conchita D’Ambrosio & Andrew E. Clark & Rémi Yin, 2023. "Economic Insecurity and Health," Hacienda Pública Española / Review of Public Economics, IEF, vol. 247(4), pages 69-89, December.

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    More about this item

    Keywords

    COVID-19; Income losses; Lockdown policies; Economic support policies;
    All these keywords.

    JEL classification:

    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies

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