The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses

March 5, 2021

Preview Citation

Format: Chicago

Amr Hosny. The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

This paper finds empirical evidence that faster and smarter containment measures were associated with lower fiscal responses to the COVID-19 shock. We also find that initial conditions, such as fiscal space, income, health preparedness and budget transparency were important in shaping the amount and design of the COVID-19 fiscal response.

Subject: COVID-19, Fiscal performance assessment, Fiscal policy, Fiscal space, Health, Income, National accounts

Keywords: ATL health specification, Containment health indices, Containment measure, Containment measures, COVID-19, Fiscal measures, Fiscal performance assessment, Fiscal space, Global, Health index, Income, Middle East and Central Asia, OxCGRT containment, Western Hemisphere, WP

Publication Details

Pages:

23
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2021/065
Stock No:

WPIEA2021065
ISBN:

9781513571638
ISSN:

1018-5941

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