We estimate the employment effects of the first 6 months of the JobKeeper program over the following year, which includes the height of the COVID-19 recession in Australia and subsequent rapid recovery. The design of the program allows us to use a fuzzy regression discontinuity design -...

We estimate the employment effects of the first 6 months of the JobKeeper program over the following year, which includes the height of the COVID-19 recession in Australia and subsequent rapid recovery. The design of the program allows us to use a fuzzy regression discontinuity design -...

We study how furlough affects household financial distress during the COVID-19 pandemic. Furlough increases the probability of late housing and bill payments by 30% and 9%, respectively. The effects exist for individuals who rent their home, but not mortgagees who can mitigate financial distress...