Showing 1 - 10 of 298,034
Persistent link: https://www.econbiz.de/10013269604
We study how furlough affects household financial distress during the COVID-19 pandemic. Furlough increases the …, but not mortgagees who can mitigate financial distress by reducing expenditure during furlough by deferring mortgage … offset furlough-induced income reductions. This creates wealth inequality but lowers the probability a furloughed worker …
Persistent link: https://www.econbiz.de/10012619269
This note describes some of the early policy developments in the UK and the way in which the framing and understanding of a novel economic problem evolved to include a focus on livelihoods combining social protection and business support orientations. It highlights various points including the...
Persistent link: https://www.econbiz.de/10012207353
Persistent link: https://www.econbiz.de/10013191900
This paper presents an average treatment effect analysis of Spain’s furlough program during the onset of the COVID-19 … that the probability of being re-employed in the next quarter significantly increased for the treated (furlough granted …. Nevertheless, a different time arrangement affected the magnitude of the effect, suggesting that it may decrease with the furlough …
Persistent link: https://www.econbiz.de/10014430027
Persistent link: https://www.econbiz.de/10015075696
Persistent link: https://www.econbiz.de/10013553973
Wage subsidies served as a dominant labour market policy response around the world to mitigate job losses in response to the COVID-19 pandemic. However, no causal evidence of their effects exists for developing countries. We use unique panel labour force survey data and exploit a temporary...
Persistent link: https://www.econbiz.de/10014362688
Persistent link: https://www.econbiz.de/10012668083
Persistent link: https://www.econbiz.de/10013369667