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This time truly is different: The cyclical behaviour of fiscal policy during the Covid-19 crisis
Fiscal policy was more countercyclical during the Covid-19 crisis than in previous (crisis) episodes. This paper presents empirical evidence in favour of a “this time truly is different” moment based on analysing the cyclical behaviour of fiscal policy for 28 advanced economies over 1995–2021. Discr...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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The Author. Published by Elsevier Inc.
2023
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10028344/ https://www.ncbi.nlm.nih.gov/pubmed/36987431 http://dx.doi.org/10.1016/j.jmacro.2023.103522 |