Create your scenario of the impact of COVID-19

 
Size of initial impact
Size of bounce-back

Magnitude (0-100%)

Length (0-11 years)

Magnitude (0-100%)

Length (0-11 years)

Number of start-ups

Growth potential

Survival rate

 
Labour elasticities for General Equilibrium effect
Cumulative employment (in thousands)

Labour demand elasticity (from -4 to -0.05):

Cumulative employment loss:

Labour supply elasticity (from 0.1 to 4):

Cumulative employment loss adjusted for the GE effect:

GE dampening factor:

 
 
 

Evolution of shocks in the three margins

 
 
 
 

Note: The sample minimum, maximum and average of the three margins are depicted as reference for the evolution of the shocks. The underlying Eurostat data cover the years from 2008 to 2017 for Austria, Czechia, Estonia, France, Hungary, Italy, Latvia, Luxemburg, the Netherlands, Portugal, Romania, Slovenia and Spain, from 2009 to 2017 for Lithuania and from 2012 to 2017 for Belgium, Bulgaria, Croatia, Denmark, Finland, Germany, Poland, Slovakia and Sweden. For these last EU Member States the short time series does not allow to compute the 1-5 survival rate.