Bruckmeier, Kerstin; Peichl, Andreas; Popp, Martin; … - 2020
take appropriate income-stabilizing countermeasures. To properly design such policy measures, it is important to quantify … the COVID-19 shock translates into a noticeable reduction in gross labor income across the entire income distribution …. However, the tax benefit system and discretionary policy responses to the crisis act as important income stabilizers, since …