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In response to the spillovers of the COVID-19 pandemic on the economy, many governments paid cash transfers to … households. We examine the effect of this fiscal policy instrument on households in two emerging economies, Vietnam and Thailand …, raising trust in the government's ability to deal with the pandemic's effect on the economy, lowering general concerns about …
Persistent link: https://www.econbiz.de/10013341750
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … model economy in a Covid-19 recession, and quantify the effects of the transfer components of the Coronavirus Aid, Relief …
Persistent link: https://www.econbiz.de/10012388237
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We show that the effectiveness of redistribution policy is tied to how much inflation it generates, and thereby to monetary‐fiscal adjustments that ultimately finance the transfers. In the monetary regime, taxes increase to finance transfers while in the fiscal regime, inflation rises,...
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"Singapore is known internationally for its successful economic development. Key to its economic successes is a variety of policies put into place over the past 50 years since its independence. Singapore's Economic Development: Retrospection and Reflections provides a retrospective analysis of...
Persistent link: https://www.econbiz.de/10011431875
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Using household data from the Vietnam Household Living Standard Survey (VHLSS) and the sector-specific growth and … Vietnam on the income and poverty status of households. Our simulations suggest that COVID-19 leads to substantial reduction …
Persistent link: https://www.econbiz.de/10012548129
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