Assessing the Effectiveness of Social Protection Measures in Mitigating COVID-19-Related Income Shocks in the European Union (English)

By means of counterfactual simulation methods, this paper quantifies the role of tax–benefit policies in mitigating the shock of the COVID-19 pandemic to household income in the European Union. The tax-benefit microsimulation model for the European Union EUROMOD is used to decompose changes in the income distribution into the effects of: (i) earnings losses due to COVID-19, (ii) automatic stabilizers, (iii) monetary compensation schemes introduced...
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DETAILS

  • Gasior,Katrin;
    Jara,H. Xavier;
    Makovec,Mattia;

  • 2023/08/14

  • Policy Research Working Paper

  • WPS10546

  • 1

  • Europe and Central Asia,

  • Europe and Central Asia,

  • 2023/08/14

  • Disclosed

  • Assessing the Effectiveness of Social Protection Measures in Mitigating COVID-19-Related Income Shocks in the European Union

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Citation

Gasior,Katrin; Jara,H. Xavier; Makovec,Mattia.

Assessing the Effectiveness of Social Protection Measures in Mitigating COVID-19-Related Income Shocks in the European Union (English). Policy Research working paper ; no. WPS 10546; COVID-19 (Coronavirus) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099340208142315131

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