During the COVID-19 crisis, researchers interested in gauging the socio-economic impact of the pandemic on household and individual incomes heavily turned to nowcasting methodologies to overcome the lack of timely observational data on incomes. Leveraging the most recent macroeconomic statistics, nowcasting techniques enabled updating available pre-pandemic income distributions to proxy as well as possible the situation in the pandemic years of 2020, 2021 and 2022. For Belgium, nowcasting techniques with different degrees of detail were applied throughout 2020 - 2022, in line with the increasing availability of external, aggregate data. This deliverable follows up on the work reported in D2.1, that presented an inventory of the various nowcasting approaches employed for conducting distributional analyses in Belgium from both national and international papers, and proposed a strategy for a post-hoc validation of the nowcasted pandemic prognoses. The current deliverable D2.2 compares the previously nowcasted results with the ex-post observed distributional impact of the crisis according to both administrative data and the EU-SILC. We end with an overview of the lessons learned from this post-hoc comparison.
