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We investigate the impact of the COVID-19 pandemic on income levels, poverty, and inequality in both the immediate … remained incomplete and was unevenly spread over the population even 22 months after the start of the pandemic. Poverty more … than doubled during the lockdown and even after almost two years was slightly higher than before the pandemic. Inequality …
Persistent link: https://www.econbiz.de/10013380686
Despite a rich literature studying the impact of inequality on policy outcomes, there has been limited effort to bring …
Persistent link: https://www.econbiz.de/10012305923
Despite a rich literature studying the impact of inequality on policy outcomes, there has been limited effort to bring …
Persistent link: https://www.econbiz.de/10012303668
, that direct taxes and cash transfers are overall progressive and reduce inequality and poverty. Our disaggregated analyses … of fiscal policy on income redistribution, and poverty in South Africa. We find, in accordance with previous research …
Persistent link: https://www.econbiz.de/10011883375
interventions are therefore seen as instrumental in cushioning against the impact of the crisis on inequality and poverty. Finally …. Poverty, as measured by the at risk of poverty (AROP) rate, would increase significantly, even in presence of policy measures … (+1.7pp), although this result depend on whether we anchor the poverty line to its pre-crisis level. When doing so, the …
Persistent link: https://www.econbiz.de/10012263176
dramatic increase in income poverty and inequality between December 2019 and June 2020. The poverty rate, measured with the … national poverty line, goes up from 25.7 to 58.2 per cent over this period and extreme poverty increases from 9.2 to 38.6 per … cent. Inequality measured by the Gini coefficient increases substantially from 0.461 to 0.592. On average, household …
Persistent link: https://www.econbiz.de/10012416536
-benefit policies stabilized earnings losses. We then evaluate the impact on income-based poverty and inequality and the contribution of … inequality, and somewhat larger effects on the poverty gap due to lower relative earnings losses of the poor population at the … discretionary tax-benefit policies in alleviating the shock. Our analysis shows modest increases in headcount poverty rates and …
Persistent link: https://www.econbiz.de/10012650881
incidence of poverty by 1.3 and 1.6 percentage points in 2020 and 2021,respectively. The effects were bigger among households … with children: if no modifications had been undertaken in social protection as a response to COVID-19, poverty would have …
Persistent link: https://www.econbiz.de/10013469621
Establishing an equitable and efficient tax system is essential for reducing poverty, combating inequality, and …
Persistent link: https://www.econbiz.de/10014290690
the differences across the income distribution and impacts on measures of poverty and inequality. The paper also evaluates … experienced by higher-income households. Additionally, the estimates point to moderate increases in both the headcount poverty … rate and the extent of poverty, as measured by the poverty gap. Automatic stabilizers had a limited effect in cushioning …
Persistent link: https://www.econbiz.de/10014380671