Cover IMF Working Papers
The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses
Author:
Amr Hosny
Search for other papers by Amr Hosny in
Current site
Google Scholar
PubMedClose
Series:
IMF Working Papers
Volume/Issue:
Volume 2021: Issue 065
Language:
English
Publication Date:
05 Mar 2021
DOI:
https://doi.org/10.5089/9781513571638.001
ISBN:
9781513571638
ISSN:
1018-5941
Pages:
23
Keywords:
fiscal measures; containment measures; WP; health index; containment measure; OxCGRT containment; ATL health specification; containment health indices; COVID-19; Fiscal space; Fiscal performance assessment; Income; Middle East and Central Asia; Global; Western Hemisphere
Legal-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.
Download PDF (1.7 MB) Download Epub
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.
  • Collapse
  • Expand
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2021: Issue 065