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RESEARCH PRODUCT

Pandemics and Inequality: Assessing the Impact of COVID-19

Furceri D.Loungani P.Ostry J. D.Pizzuto P.

subject

InequalityInformalityCOVID-19Settore SECS-P/02 Politica EconomicaPandemics

description

This chapter provides evidence on the impact of major epidemics from the past two decades on inequality and job prospects. Our results justify the concern that the COVID-19 pandemic could significantly raise inequality; past events of this kind, even though much smaller in scale, have led to increases in the Gini coefficient, lowered the employment-to-population ratio for those with basic education compared to those with higher education, and pushed people into precarious work in the form of self-employment or in the informal sector.

http://hdl.handle.net/10447/471528