a very different view on fiscal policy: in order to cope with the next economic crisis, resulting from the coronavirus … models that made up NCM, fiscal policy played no role - or, to be more precise, fiscal policy had to follow a balanced … pandemic, most economists recommend an active fiscal policy stance and even a huge increase in debt-to-GDP levels. This paper …

a very different view on fiscal policy: in order to cope with the next economic crisis, resulting from the coronavirus … models that made up NCM, fiscal policy played no role – or, to be more precise, fiscal policy had to follow a balanced … pandemic, most economists recommend an active fiscal policy stance and even a huge increase in debt-to-GDP levels. This paper …

This paper analyses the COVID recession and the large fiscal policy response by modelling three scenarios using a macro … over-compensation: for every $1 of income the private sector lost due to the restrictions, fiscal policy provided $2 of … lesson for future pandemics is that fiscal policy should compensate, but not overcompensate, for income losses from health …

The paper analyses how the global economic crisis will affect the economies of the low income Commonwealth of …, the Kyrgyz Republic and Moldova. The main channels through which the global economic crisis will affect the low income CIS …. Fiscal policy, constrained by very limited macroeconomic and fiscal space, faces acute challenges. Maintaining budget targets …

In response to the economic crisis created by the COVID-19 pandemic, many govern- ments provided financial assistance … this fiscal policy instrument on households in two emerging economies, Vietnam and Thailand. Our paper contributes to the …