The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses

The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses
Volume/Issue: Volume 2021 Issue 065
Publication date: March 2021
ISBN: 9781513571638
$18.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Paperback
PDF
ePub
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , fiscal measures , containment measures , WP , health index , containment measure , OxCGRT containment , ATL health specification , containment health indices , COVID-19 , Fiscal space , Fiscal performance assessment , Income , Middle East and Central Asia , Global , Western Hemisphere

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.