Almeida, Vanda; Barrios Cobos, Salvador; Christl, Michael; … - 2020
We analyse the impact of the COVID-19 crisis on EU households' income and assess the cushioning effect of discretionary …, households' disposable income in the EU would fall by -5.9% due to the COVID-19 crisis without discretionary policy measures, and … against income losses. Furthermore, our results confirm that the impact of the COVID-19 crisis is likely to be highly …