Working Paper: CEPR ID: DP16856
Authors: Stefanie Stantcheva
Abstract: This paper summarizes some of the major inequalities that have been exacerbated by the COVID-19 pandemic and discusses avenues for policy intervention over the medium and long runs.
Keywords: COVID; Policy; Inequality
JEL Codes: No JEL codes provided
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| COVID-19 (I15) | exacerbated existing inequalities (F63) |
| Government intervention (O25) | reduced income inequality (D31) |
| Without government intervention (H19) | increased income inequalities (D31) |
| Job losses and remote work opportunities (J63) | disproportionately affected low-income workers (J79) |
| Ability to work remotely (J62) | higher income levels (D31) |
| Long-term effects of unemployment and shift towards remote work (J65) | persistent inequalities (J15) |
| COVID-19 (I15) | increased wealth inequality (D31) |
| High-income households saving more (D14) | increased wealth inequality (D31) |
| Low-income households faced greater financial hardship (G59) | increased wealth inequality (D31) |