G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16366
DP16366 Inequality in Life and Death
Martin Eichenbaum; Sérgio Rebelo; Mathias Trabandt
发表日期2021-07-16
出版年2021
语种英语
摘要We argue that the Covid epidemic disproportionately affected the economic well-being and health of poor people. To disentangle the forces that generated this outcome, we construct a model that is consistent with the heterogeneous impact of the Covid recession on low- and high-income people. According to our model, two thirds of the inequality in Covid deaths reflect pre-existing inequality in comorbidity rates and access to quality health care. The remaining third, stems from the fact that low-income people work in occupations where the risk of infection is high. Our model also implies that the rise in income inequality generated by the Covid epidemic reflects the nature of the goods that low-income people produce. Finally, we assess the health-income trade-offs associated with fiscal transfers to the poor and mandatory containment policies.
主题Macroeconomics and Growth
关键词Epidemic Inequality Recession
URLhttps://cepr.org/publications/dp16366
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545328
推荐引用方式
GB/T 7714
Martin Eichenbaum,Sérgio Rebelo,Mathias Trabandt. DP16366 Inequality in Life and Death. 2021.
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