This report provides an in-depth assessment of job retention support during the pandemic and its aftermath in Belgium. It provides three main contributions: i) a systematic comparison of the job retention scheme in Belgium with that of other OECD countries based on a new synthetic indicator of job retention support; ii) an empirical assessment of the role of institutional design for the use of job retention support; and iii) an empirical evaluation of the effectiveness of job retention schemes in preserving jobs. Based on these contributions, it offers practical guidance for policymakers to inform the refinement of job retention support for the future.
An Assessment of Job Retention Support During the COVID‑19 Pandemic and its Aftermath in Belgium