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

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Abstract

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.

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europepmc
last seen: 2026-05-19T01:45:01.086888+00:00
unpaywall
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