We study the effects of the COVID-19 pandemic and the pension policy response on the private and public pension systems of Peru. We find that the policies allowing early withdrawals from the private pension balances imply a significant reduction in expected pension wealth by about 40 people, yet...

Using survey data, I simulate the counterfactual impact of the Chilean policies during the pandemic on household consumption. I find that aggregate consumption would have fallen by 16.7 percent in the absence of public transfers and a quarantine flexibilization policy. Consumption would still...

This paper looks at the impact of mitigation policies implemented by supervisory and macroprudential authorities as well as national governments in the euro area during the coronavirus (COVID-19) pandemic to support lending to the real economy. The impact assessment concerns joint, and...