02093cas a2200325 a 4500 AALejournalIMF022978 230101c9999 xx r poo 0 0eng d 20.00 USD 9798400212727 1018-5941 BD-DhAAL BD-DhAAL Brussevich, Mariya. Income Convergence or Divergence in the Aftermath of the COVID-19 Shock? / Mariya Brussevich, Shihui Liu, Chris Papageorgiou. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Aggregate Productivity imf Equity, Justice, Inequality, and Other Normative Criteria imf Health imf Macroeconomic Analyses of Economic Development imf Measurement of Economic Growth imf Liu, Shihui. Papageorgiou, Chris.. IMF Working Papers; Working Paper ; No. 2022/121 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=121 IMF e-Library