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dc.titleThe Challenge of Protecting Informal Households during the COVID-19 Pandemic: Evidence from Latin America
dc.contributor.authorBusso, Matías
dc.contributor.authorCamacho, Juanita
dc.contributor.authorMessina, Julián
dc.contributor.authorMontenegro, Guadalupe
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America
dc.date.available2020-06-03T00:00:00
dc.date.issue2020-06-03T00:00:00
dc.description.abstractLatin American countries introduced rapid emergency measures to sustain the income of informal workers and their families during shelter-in-place orders to contain COVID-19. The effectiveness of these measures is limited. The coverage and replacement rates of usual labor income are high among the first quintile of the population but fairly low in the second and third quintiles, where a substantial fraction of households are informal and have limited ability to telework. If governments plan to extend lockdown measures or reintroduce them in the future, they might need to consider broader income transfers for the lower-middle class.
dc.format.extent29
dc.identifier.doihttp://dx.doi.org/10.18235/0002388
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Challenge-of-Protecting-Informal-Households-during-the-COVID-19-Pandemic-Evidence-from-Latin-America.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectSocial Security
dc.subjectPension Systems
dc.subjectInformal Labor
dc.subjectCoronavirus
dc.subjectPandemics
dc.subjectReplacement Rate
dc.subjectLockdown
dc.subject.jelcodeI38 - Government Policy • Provision and Effects of Welfare Programs
dc.subject.jelcodeO17 - Formal and Informal Sectors • Shadow Economy • Institutional Arrangements
dc.subject.jelcodeO15 - Human Resources • Human Development • Income Distribution • Migration
dc.subject.keywordsLatin America;Informality;COVID-19;social insurance
dc.typeDiscussion Papers
idb.identifier.pubnumberIDB-DP-00780
idb.operationRG-K1415
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