Garcia-Clemente, J.; Rubino, N.; Congregado, E. - In: Journal for labour market research 57 (2023) 1, pp. 1-9
This paper presents an average treatment effect analysis of Spain’s furlough program during the onset of the COVID-19 pandemic. Using 2020 labour force quarterly microdata, we construct a counterfactual made of comparable nonfurloughed individuals who lost their jobs and apply propensity score...