The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses
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Summary:
This paper finds empirical evidence that faster and smarter containment measures were associated with lower fiscal responses to the COVID-19 shock. We also find that initial conditions, such as fiscal space, income, health preparedness and budget transparency were important in shaping the amount and design of the COVID-19 fiscal response.
Series:
Working Paper No. 2021/065
Subject:
COVID-19 Fiscal performance assessment Fiscal policy Fiscal space Health Income National accounts
Frequency:
regular
English
Publication Date:
March 5, 2021
ISBN/ISSN:
9781513571638/1018-5941
Stock No:
WPIEA2021065
Pages:
23
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