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CSB Working Paper, 2021, 7: Welfare resilience at the onset of the COVID-19 pandemic in four European countries: Impact on public finance and household incomes
Oorspronkelijke titel: Welfare resilience at the onset of the COVID-19 pandemic in four European countries: Impact on public finance and household incomes
Bron: uantwerpen.be
13-05-2022
This paper assesses the impact on household incomes of the COVID-19 pandemic and governments’ policy responses in April 2020 in four large and severely hit European countries: Belgium, Italy, Spain and the UK. We provide comparative evidence on the level of relative and absolute welfare resilience at the onset of the pandemic, by creating counterfactual scenarios using the European-wide taxbenefit model EUROMOD combined with COVID-related household surveys and timely labour market data. We find …
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