The impact of the Covid public policies on the Chilean households

Carlos Madeira

Working Papers Central Bank of Chile from Central Bank of Chile

Abstract: This work uses survey data to study the immediate impact of the public policies implemented during the Covid crisis on the Chilean households. I show debt deferral initiatives only reach a few highly indebted agents, especially concentrated on richer families. Tax relief measures had a broad reach across the population, but with little financial impact. However, income and expenses support had both a wide reach and a strong impact on households, especially for poorer families. A broadening and scaling up of policy e¤orts should therefore focus on direct income support for families.

Date: 2020-10
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Related works:
Journal Article: The impact of the COVID public policies on the Chilean households (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:chb:bcchwp:890

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