Income Convergence or Divergence in the Aftermath of the COVID-19 Shock? /
The paper extends the work of Deaton (2021) by exploring the period of post-crisis recovery in 2021-2024. The paper documents per-capita income divergence during the period of post-shock recovery, with countries at the bottom of the income distribution falling significantly behind. Findings suggest...
|a Income Convergence or Divergence in the Aftermath of the COVID-19 Shock? /
|c Mariya Brussevich, Shihui Liu, Chris Papageorgiou.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2022.
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|a 1 online resource (37 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The paper extends the work of Deaton (2021) by exploring the period of post-crisis recovery in 2021-2024. The paper documents per-capita income divergence during the period of post-shock recovery, with countries at the bottom of the income distribution falling significantly behind. Findings suggest that higher COVID-19 vaccination rates and targeted virus containment measures are associated with faster recovery in per-capita incomes in the medium term. Evidence on the effectiveness of economic support policies for reducing cross-country income inequality, including fiscal and monetary policies, is mixed especially in the case of developing countries.
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|a Mode of access: Internet
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|a Aggregate Productivity
|2 imf
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|a Equity, Justice, Inequality, and Other Normative Criteria
|2 imf
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|a Health
|2 imf
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|a Macroeconomic Analyses of Economic Development
|2 imf
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|a Measurement of Economic Growth
|2 imf
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|a Liu, Shihui.
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|a Papageorgiou, Chris..
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|a IMF Working Papers; Working Paper ;
|v No. 2022/121
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|z Full text available on IMF
|u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=121
|z IMF e-Library