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. Earnings subsidies (Coronavirus Job Retention Scheme) will protect household finances and provide the main insurance mechanism … benefit spending, the ability of the 2020 system to provide insurance against the shocks would be similar to the 2011 pre …
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strong social insurance focus that gave certainty during the crisis. The income-support policy changes were effective in …
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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...
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