Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the UK
View / Open Files
Authors
Adams-Prassl, A.
Boneva, T.
Golin, M
Rauh, C.
Publication Date
2020-04-01Series
Cambridge Working Papers in Economics
Publisher
Faculty of Economics, University of Cambridge
Type
Working Paper
Metadata
Show full item recordCitation
Adams-Prassl, A., Boneva, T., Golin, M., & Rauh, C. (2020). Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the UK. https://doi.org/10.17863/CAM.52477
Abstract
Using new UK survey data collected on March 25th 2020, we already find that: 57% of workers engaged in less paid work over the past week than usually. 8% of workers in employment a month ago have already lost their job due to COVID-19. For those still in work, the expected probability of job loss within the next four months is 33%. On average, workers expected to earn 35% less in the next four months compared to usual and expect there is a 49% chance of them having problems paying their bills. These harsh impacts are not evenly distributed across the population; the young, and low income earners have been hit hardest. Workers without paid sick leave beyond the statutory minimum are more likely to go to work with a cold or a fever and also work in close proximity to others.
Keywords
COVID-19
Identifiers
CWPE2023
This record's DOI: https://doi.org/10.17863/CAM.52477
This record's URL: https://www.repository.cam.ac.uk/handle/1810/305395