This paper provides evidence on the effect of fiscal stimulus on economic activity in countries with different degrees of institutional quality. The identification strategy makes use of data on military expenditure to instrument government consumption using local lineal projections as presented...

Pandemics and the reactions to pandemics increase the general problem of scarcity. Scarcity induced trade-offs are particularly relevant for countries in Sub-Saharan Africa as (1) the region suffers from numerous other diseases whose death toll may increase substantially due to lockdowns, (2)...