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The impact of the Covid public policies on the Chilean households

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  • Carlos Madeira

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.

Suggested Citation

  • Carlos Madeira, 2020. "The impact of the Covid public policies on the Chilean households," Working Papers Central Bank of Chile 890, Central Bank of Chile.
    • Handle: RePEc:chb:bcchwp:890
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    File URL: https://www.bcentral.cl/documents/33528/133326/DTBC_890.pdf
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    1. Aleksander Aristovnik & Dejan Ravšelj & Lan Umek, 2020. "A Bibliometric Analysis of COVID-19 across Science and Social Science Research Landscape," Sustainability, MDPI, vol. 12(21), pages 1-30, November.
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    Cited by:

    1. Madeira, Carlos, 2021. "The long term impact of Chilean policy reforms on savings and pensions," The Journal of the Economics of Ageing, Elsevier, vol. 19(C).

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