A year of COVID: the evolution of labour market and financial inequalities through the crisis
利用英国高质量面板数据,研究了2020年4月至2021年9月期间疫情如何加剧了已有的劳动力市场和金融不平等,发现部分不平等加剧后又被逆转,不同收入阶层受影响程度不同。
Abstract We use high-quality UK panel data to document the extent that pre-existing labour market and financial inequalities were exacerbated by the pandemic between April 2020 and September 2021. Some inequalities worsened, others did not, and in some cases, initial widening of labour market inequalities was subsequently reversed. We find no evidence of an overall divergence in labour market outcomes by gender. Initial changes for ethnic minorities and the young were largely reversed by March 2021. Those in the top third of the long-run income distribution experienced income falls, but also increased saving. Net wealth increased not for only the affluent, but also for middle deciles of the long-run income distribution. These deciles were most protected by the furlough scheme. Those at the bottom of the income distribution were more likely to report a decline in net wealth over the year.