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Top earnings and inequality during the COVID-19 pandemic in Ecuador

Author

Listed:
  • Olivier Bargain

    (BSE - Bordeaux sciences économiques - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Paul Carrillo-Maldonado

    (UDLA - Universidad de Las Américas [Ecuador])

  • H Xavier Jara

    (London School of Economics)

Abstract

This chapter assesses the extent to which top earners in Ecuador were affected by the COVID-19 crisis compared to other segments of the population. Our analysis uses administrative data for individuals affiliated to social security between January 2019 and December 2021. We identify the top 10, 1, and 0.1% of earners in 2019 and analyse changes in their employment and monthly earnings during the pandemic. Our analysis shows that the only group that experienced a recovery in employment was workers who were not at the top of the pre-pandemic earnings distribution. Conditional on being in registered employment, mean earnings also dropped in the second quarter of 2020 across all earning groups. By the end of 2021, earnings had recovered for non-top earners and the top 10% group. However, earnings remained below pre-pandemic levels in the top 1% and top 0.1% groups.

Suggested Citation

  • Olivier Bargain & Paul Carrillo-Maldonado & H Xavier Jara, 2025. "Top earnings and inequality during the COVID-19 pandemic in Ecuador," Post-Print hal-05563641, HAL.
    • Handle: RePEc:hal:journl:hal-05563641
    DOI: 10.1093/9780198909453.003.0009
    as

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