Kinda, Tidiane; Lengyel, Andras; Chahande, Kaustubh - 2022
Many countries have deployed substantial fiscal packages to cushion the economic fallout from the COVID-19 pandemic. A … cumulative fiscal multipliers one year after a health crisis is about twice larger than during normal times, particularly in … advanced economies. These results suggest that large-scale fiscal support deployed at the onset of the COVID-19 pandemic could …