as a mechanism for smoothing household consumption following negative aggregate shocks. Our results suggest that mortgage …-constrained households to maintain higher annual consumption growth compared to those non-eligible for the policy. Finally, we find that …

adopted outside of a recession, based on cutting public consumption, and accompanied by reform to enhance institutions …

. While there is abundant evidence that remittances facilitate consumption smoothing in receving countries, the literature has … impact of remittances on the stability of household consumption, using both cross-country and household-level datasets. Our … focus is on whether the consumption-smoothing effect changes with fiscal policy phases and whether remittances and …

-income countries and to replicate key dimensions of the Covid-19 shock. We show that absent significant and sustained external …

The fiscal policy response to the COVID-19 shock in most LAC countries was much larger than during the GFC, suggesting …