shock of the COVID-19 pandemic to household income in the European Union. The tax-benefit microsimulation model for the … most countries, the largest contribution to cushioning the economic shock of the pandemic comes from monetary compensation … the shock to earnings, with an important role for monetary compensation schemes, but also a larger stabilizing effect of …

indicate that households that perceive an unemployment shock use children as a means for smoothing consumption. Regarding the … important lesson from our findings is that different types of income shock may lead to different economic and demographic …

macroeconomic shocks in the 1980s and 1990s. The impact of the shocks on welfare depended on the nature of the shock, on initial …