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The initial effects of Covid-19 on income inequalities in Galicia and their distribution in society

Author

Listed:
  • Amoedo, José Manuel
  • Sánchez-Carreira, María del Carmen

Abstract

The pandemic caused by Covid-19 has a considerable effect on social inequalities. The aim of this paper is to identify, measure, and describe the changes in income inequalities in Galicia after the pandemic. For this purpose, different income inequality indicators are calculated, which allow us to analyse its evolution before and after the pandemic (2014-2020) considering the different income sources. The main results suggest three main issues. Firstly, the pandemic implies an increase of income inequalities in Galicia in 2020. Secondly, inequalities depending on sex, nationality, age and level of education of household members, as well as territorial inequalities, increase. Finally, social benefits have played a relevant role in softening the effect of the pandemic on inequalities. It should be noted that this effect is uneven, leading to the fact that households composed of younger people are clearly less protected than those of older age.

Suggested Citation

  • Amoedo, José Manuel & Sánchez-Carreira, María del Carmen, 2023. "The initial effects of Covid-19 on income inequalities in Galicia and their distribution in society," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 32(1), pages 1-23.
    • Handle: RePEc:sdo:regaec:v:32:y:2023:i:1_2
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    More about this item

    Keywords

    Inequality; Income distribution; Pandemic; Covid-19; Social benefits;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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