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Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the US


  • Adams-Prassl, A.
  • Boneva, T.
  • Golin, M
  • Rauh, C.


Using new US survey data collected on March 24th 2020, we already find that: 65% of workers engaged in less paid work over the past week than usually. 11% of workers had already lost their job due to COVID-19. For those still in work, the expected probability of job loss within the next four months is 40%. On average, workers expect to earn 39% less in the next four months compared to usual. As a consequence, workers expect there is a 56% chance of having problems paying their bills. 93% of respondents expect to have problems paying usual bills with above zero probability. The harsh impacts are not evenly distributed across the population; the young ,and low income earners have been hit hardest. Workers without paid sick leave are more likely to go to work in close proximity to others.

Suggested Citation

  • Adams-Prassl, A. & Boneva, T. & Golin, M & Rauh, C., 2020. "Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the US," Cambridge Working Papers in Economics 2022, Faculty of Economics, University of Cambridge.
  • Handle: RePEc:cam:camdae:2022
    Note: cr542

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