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The main problem facing policymakers during the corona virus pandemic is how to mitigate its humanitarian and economic costs. Doing so invariably involves trading off some costs against others as well as short-term against longer-term consequences. We provide an overview of economic literature...
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This paper estimates fiscal multipliers using quarterly data for a panel of nine developing Asian economies, following a vector autoregression model specification, but using local projections to extract the impulse responses. We provide evidence that the 4-quarter and 8-quarter cumulative...
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Evaluation for Covid-19 Outbreak Public Policies in The World within The Scope of Global Public Goods (GPGs) -- Global Outbreaks from a Historical Perspective and Fiscal Policy: An Analysis for Covid-19 Outbreak -- Increasing Public Expenditures due to Covid-19 Pandemic Crisis: An Assessment...
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Many countries have deployed substantial fiscal packages to cushion the economic fallout from the COVID-19 pandemic. A historical look at past pandemics and epidemics highlights concomitant public sector support in response to health crises. This paper assesses how fiscal multipliers could vary...
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