The initial impact of COVID-19 and policy responses on household incomes

C-Tier
Journal: Oxford Review of Economic Policy
Year: 2020
Volume: 36
Issue: Supplement_1
Pages: S187-S199

Authors (2)

Mike Brewer (Resolution Foundation) Laura Gardiner (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

As soon as the scale of the coronavirus shock to the economy became clear, the UK government introduced three policies to protect directly household incomes: a Job Retention Scheme, to pay the wages of employees who were temporarily furloughed; a Self-Employment Income Support Scheme, to give grants to established self-employed people whose businesses had been affected; and a package of increases to entitlements to social security benefits, with Universal Credit at the core, that bolstered the UK’s means-tested ‘safety net’. This paper analyses the design and beneficiaries of these policies and, given the distributional pattern of the labour market shock, considers the emerging overall impact on living standards, particularly of low-income households.

Technical Details

RePEc Handle
repec:oup:oxford:v:36:y:2020:i:supplement_1:p:s187-s199.
Journal Field
General
Author Count
2
Added to Database
2026-01-24