Heimberger, Philipp - 2022
1995-2021 by paying special attention to the Covid-19 crisis. We find evidence that discretionary fiscal policy during the … Covid-19 crisis (2020-2021) was significantly more countercyclical than before - in particular in the Eurozone. We do not … the argument that discretionary fiscal policy responded especially forceful to stabilise the economy during the Covid-19 …