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Since 2020, Indonesia has been facing the Covid-19 pandemic for 2 years. Many impacts caused by the Covid-19 pandemic, especially on the economy, have led to a recession. Regional revenues are disrupted during a recession so local governments depend on central government transfer funds. From...
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Legislators, agency officials, and the public have a lot to learn from the United States’ experience in responding to the COVID-19 pandemic. If policymakers take seriously their responsibility to identify past mistakes, and then act now to prepare for future viral outbreaks, the nation can do...
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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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