idw – Informationsdienst Wissenschaft

Nachrichten, Termine, Experten

Grafik: idw-Logo
Science Video Project
idw-Abo

idw-News App:

AppStore

Google Play Store



Instance:
Share on: 
01/22/2021 12:20

Effects of a lower income on the standard of living

Dr. Jutta Gröschl Presse- und Öffentlichkeitsarbeit
Institut für Mittelstandsforschung (IfM) Bonn

    Can households maintain their standards of living when self-employed household members experience income cuts? Dr. Stefan Schneck (IfM Bonn) examined this question and placed the results in the context of the Corona crisis. One central result: about half of the self-employed households can no longer maintain their standard of living if the self-employed income declines by 37%.

    Full-time self-employed people are usually the main earners in their households. In the context of the current Corona crisis, calculations were therefore made on the consequences of income losses in the household context. According to these calculations, a 37% drop in income leads to restrictions in the standard of living for half of the self-employed households. In view of the economic consequences of the current pandemic, some considerable effects on self-employed households are therefore to be expected.


    More information:

    https://www.ifm-bonn.org/fileadmin/data/redaktion/publikationen/Policy_Brief__Mi...


    Images

    Criteria of this press release:
    Business and commerce, Journalists, Scientists and scholars, Students, Teachers and pupils, all interested persons
    Economics / business administration
    transregional, national
    Research results
    English


     

    Help

    Search / advanced search of the idw archives
    Combination of search terms

    You can combine search terms with and, or and/or not, e.g. Philo not logy.

    Brackets

    You can use brackets to separate combinations from each other, e.g. (Philo not logy) or (Psycho and logy).

    Phrases

    Coherent groups of words will be located as complete phrases if you put them into quotation marks, e.g. “Federal Republic of Germany”.

    Selection criteria

    You can also use the advanced search without entering search terms. It will then follow the criteria you have selected (e.g. country or subject area).

    If you have not selected any criteria in a given category, the entire category will be searched (e.g. all subject areas or all countries).