Change in household income relative to median change.

Notes: Unbalanced panel of 8,236 individuals. Income refers to the household and includes earned and unearned income, is net of tax and inclusive of any benefits received. Changes are relative to the change in the 5th decile of the pre-COVID-19 income distribution in each month. Percentage changes are calculated as the percentage change in mean decile income. Pre-COVID income deciles are assigned on the basis of net household income averaged across up to three previous waves of the main study. Income includes earned and unearned income, net of tax and inclusive of any benefits received, equivalized by household composition.

Source: Authors’ calculations based on Understanding Society.