Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/259779 
Year of Publication: 
2022
Citation: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 158 [Issue:] 1 [Article No.:] 4 [Publisher:] Springer [Place:] Heidelberg [Year:] 2022 [Pages:] 1-17
Publisher: 
Springer, Heidelberg
Abstract: 
This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques that enable specific labor market transitions to be modeled. We find that discretionary fiscal policy measures in Austria are key to counteracting the inequality- and poverty-enhancing effect of COVID-19. Additionally, we find that females tend to experience a greater loss in terms of market income. The Austrian tax-benefit system, however, reduces this gender differences. Disposable income has dropped by around 1% for both males and females. By comparison, males profit mainly from short-time work scheme, while females profit especially from other discretionary policy measures, such as the one-off payment for children.
Subjects: 
COVID-19
EUROMOD
Micro-simulation
STW
Automatic stabilizers
JEL: 
D31
E24
H24
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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