Interesting results by Markus Grabka @DIW_Berlin on changes in household #incomes during the #Covid_19 crisis in Germany: #inequality in monthly hh disposable incomes was _lower_ in early 2021 than in 2019

(1/4) This is because self-employed workers - who in Germany have high average incomes - suffered substantial income losses, while other groups experienced stagnating or even rising incomes. Certainly a result of the comprehensive government emergency support (#kurzarbeit)

Great @nytimes column on how changes in earnings, incomes and consumption during the #COVID19 crisis contributed to buoying asset markets at a time of such great economic despair @Neil_Irwin h/t to @dynarski
nytimes.com/2021/01/01/ups…

[Thread] 1) Even while millions of U.S. workers lost their jobs, aggregate salaries and wages have only declined a little, by 0.5% for March to November. Part of the story: the crisis impact has been highly unequal, and job and earnings losses disproportionally struck low-paid workers

Our work on promoting #socialmobility in 🇦🇹 has finally been released as an @OECD_Social Working Paper: doi.org/10.1787/1e0efd…

Socio-economic outcomes (earnings, occupation, education) are highly persistent across generations in 🇦🇹 even as income inequality is low

Thread 1/6 The paper discusses policies in 4 areas to boost social mobility:

1) Expanding quality early childhood education and care (ECEC) can promote upward mobility. ECEC participation rates in 🇦🇹 have risen over the last decade, but remain below those in many #OECD countries

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