Households' disposable income is supported by compensation schemes for the corporate sector

Economic Memo – June 2020 – No. 6

Authors Bess, Mikkel; Werner, Morten
Subject Current economic and monetary trends; Economic activity and employment; Models
Type Economic Memo
Year 2020
Published 17 June 2020
Since the partial shutdown of Denmark following the covid-19 outbreak, the Parliament has passed several temporary compensation schemes to support companies and sustain employment. Based on simulations using the macroeconometric model ADAM, we find that the compensation schemes can strengthen household disposable income by approx. kr. 15 billion in 2020. (Memo available in Danish only)