Search Results

Showing results 1 to 1 of approximately 1.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:TGVAR 

Working Paper
COVID-19 Fiscal Support and Its Effectiveness

This paper uses a threshold-augmented Global VAR model to quantify the macroeconomic effects of countries’ discretionary fiscal actions in response to the Covid-19 pandemic and its fallout. Our results are threefold: (1) fiscal policy is playing a key role in mitigating the effects of the pandemic; (2) all else equal, countries that implemented larger fiscal support are expected to experience less output contractions; (3) emerging markets are also benefiting from the synchronized fiscal actions globally through the spillover channel and reduced financial market volatility.
Globalization Institute Working Papers , Paper 408

FILTER BY Bank

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

C32 1 items

E44 1 items

E62 1 items

F44 1 items

FILTER BY Keywords

PREVIOUS / NEXT