Eichenbaum, Martin S.; Rebelo, Sérgio; Trabandt, Mathias - National Bureau of Economic Research - 2021
We argue that the Covid epidemic disproportionately affected the economic well-being and health of poor people. To … Covid recession on low- and high-income people. According to our model, two thirds of the inequality in Covid deaths reflect … income inequality generated by the Covid epidemic reflects the nature of the goods that low-income people produce. Finally …