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ONLINE – Applied Micro Workshop – Radost Holler, “Working hours and household income dynamics during the different stages of the CoViD-19 pandemic”

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Radost Holler, Christian Zimpelmann, Hans-Martin von Gaudecker, Lena Janys, and Bettina Siflinger: “Working hours and household income dynamics during the different stages of the CoViD-19 pandemic” We analyze the heterogeneity in working hours changes and household income dynamics during the different stages of the CoViD-19 pandemic in the Netherlands using data from February to December 2020. During this period, the Netherlands, similarly to other countries, experienced a quick spread of the SARS-CoV-2 virus, enacted a first lockdown, gradually reopened, and went to another lighter lockdown. We show that during lockdown, the ability to work from home or essential worker status are key to maintain a large fraction of pre-crisis hours of work. These pandemic-specific mechanisms become much less important as social distancing restrictions are eased in May, June, and September. In stark contrast to other countries, household income does not decrease in the medium term and is decoupled from employment shocks for those individuals that remain employed. While lower income quintiles tend to experience relatively larger decreases in working hours, there is no regressivity in terms of household income.

Event details
What
  • Presentation
When Feb 05, 2021
from 13:00 to 14:15
Where Zoom URL TBA via mailing list
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