Wage Inequality And Poverty Effects Of Lockdown And Social Distancing In Europe
Juan C. Palomino, Juan G. Rodríguez, Raquel Sebastian (ICAE) | Lockdown measures are likely to worsen cohesion in Europe both between countries and, especially, within countries. Our decomposition exercise shows that between-countries inequality will increase in Europe between 2.5% and 4.0%, while within-countries inequality will increase between 5.0% and 12.1%. In general, we find a greater increase of both poverty and inequality in Eastern and Southern Europe than in Northern and Central Europe.