Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267399 
Year of Publication: 
2022
Series/Report no.: 
IZA Discussion Papers No. 15662
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Many governments introduced temporary adjustments to counter the economic and health consequences of the COVID-19 pandemic. We study the importance of already existing government transfers and pandemic measures to mitigate individual income losses during the pandemic in Sweden using a difference-in-differences approach and population-wide data on monthly earnings and government transfer payments. We find that labor earnings dropped by 2.7 percent in 2020. Existing transfers and pandemic measures reduced earnings losses to 1.5 percent. These average effects mask considerable differences in income losses, which were, by and large, evened out by existing transfers and pandemic measures.
Subjects: 
COVID-19
income inequality
government transfers
short-time work
JEL: 
D31
E24
H20
H12
C23
Document Type: 
Working Paper

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