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Professor Postel-Vinay on labour market policy response to Covid-19

15 May 2020

The labour market policy response to Covid-19 must leverage the power of age

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In this VoxEU Column, Fabien Postel-Vinay, together with Shigeru Fujita and Giuseppe Moscarini argue that labour market policy should leverage the distinct age profile of Covid-19 health risks and worker reallocation, by tailoring furlough subsidies, wage subsidies, and unemployment insurance to worker age.