Less-educated workers have suffered most from job losses in the COVID-19 pandemic, and it is quite likely there was a significant increase in European Union income inequality in 2020.
Date: March 30, 2021
Topic: European Macroeconomics & Governance
The author is grateful for comments and suggestions to conference and seminar participants at Bruegel, Institute of Economics of the Corvinus University of Budapest, Rajk College, and the 15th Conference on Social Monitoring and Reporting in Europe.
GDP contractions are typically associated with within-country income inequality increases. While official income inequality data for 2020 will not be available for about two years, the already available employment data for 2020 shows that the difference betweenRead More »