Working Paper No. 23-08 - Intergenerational educational mobility and the COVID-19

To minimise the effect of the pandemic on the labour market and support employers, the Coronavirus Job Retention Scheme (CJRS), also known as the “furlough scheme”, was announced in March 2020, providing grants to employers to ensure that they could retain and keep to pay their staff. [...] The CJRS still covered 80% of an employee’s wages during this period, but as the lockdown 3 Due to the devolved nature of much of the policymaking around the COVID-19 pandemic and the fact that Next Steps includes only young people in England, we focus on England as opposed to the UK in this paper. [...] All variables are derived from the last wave of the main surveys and the respective wave of the COVID-19 surveys. [...] If the variable is missing in one of the two waves, we just use the value in the other wave instead of the average. [...] While our setup does not allow us to estimate the causal effects of being FiF on labour market outcomes during the pandemic, we control for a rich set of individual characteristics to reduce the selection bias and estimate a less biased association between the outcome variable and the variable of interest.