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This paper analyses the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labour market data, in combination with micro-simulation techniques, that enable specific labour market transitions to be modelled. 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.
2022-02-14
Springer Nature
JRC128288
2235-6282 (online),   
https://sjes.springeropen.com/articles/10.1186/s41937-022-00084-6,    https://publications.jrc.ec.europa.eu/repository/handle/JRC128288,   
10.1186/s41937-022-00084-6 (online),   
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