Research Insights: How Well Could Emergency Transfer Programs Protect Informal and Vulnerable Households against Negative Effects of the Covid-19 Lockdowns?

Data on 33 emergency transfer programs implemented across 10 Latin American and Caribbean countries in response to the Covid-19 pandemic shows substantial variation in proposed coverage. Coverages and replacement rates are in general high among the poorest households that are in the first quintile of the earnings distribution, ranging from 54 percent in Ecuador to 100 percent in Brazil and Peru. The second and third quintiles show very different results, with replacement rates falling considerably in all cases except Brazil. For most households in these quintiles, emergency transfers compensated less than 25 percent of labor monetary income.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Matías Busso
Language:English
Published: Inter-American Development Bank
Subjects:Informal Labor, Transfer Program, Coronavirus, Pandemic, Emergency Management, Household Income, Replacement Rate, Lockdown, Income Support, I38 - Government Policy • Provision and Effects of Welfare Programs, O17 - Formal and Informal Sectors • Shadow Economy • Institutional Arrangements, O15 - Human Resources • Human Development • Income Distribution • Migration,
Online Access:http://dx.doi.org/10.18235/0002877
https://publications.iadb.org/en/research-insights-how-well-could-emergency-transfer-programs-protect-informal-and-vulnerable
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