Covid-19: The equaliser or divider?
Middle-income to affluent and even wealthy groups have shown big increases in mortality in the coronavirus era
Covid-19 has been characterised as a “great equaliser” that transcends wealth, fame, prestige or age. Others have emphasised the vulnerability of disadvantaged groups, whether from the point of view of economic impact or lack of access to health care.
We take a data-driven approach to the topic and have previously shown how Covid-19 had a disproportionately negative effect on both the lowest and highest income groups. As both groups are largely self-employed, they are more directly exposed to the economy without the relative safety of earning a salary. Our recent data indicates that the economic impact of (Covid-19-induced) lockdowns has washed through the system and incomes across segments are largely back to pre-Covid-19 levels...
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