Pandemics and economic turmoil in the short‐run : The role of fiscal space
Pandemics and economic turmoil in the short‐run : The role of fiscal space
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Publisher
Oxford: Blackwell Publishing Ltd
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Language
English
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Oxford: Blackwell Publishing Ltd
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Contents
We estimate, by means of the local projection method, the short to medium‐term economic impact of previous pandemics in a sample of 170 countries during the 2000–2018 period. We find that the output effect has been significant (reaching over −2 percent after 5 years) and persistent. The impact has varied across income groups, with pandemics affecti...
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Full title
Pandemics and economic turmoil in the short‐run : The role of fiscal space
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TN_cdi_proquest_journals_2911091825
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2911091825
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ISSN
0378-5920
E-ISSN
1467-9701
DOI
10.1111/twec.13527
