2019冠状病毒病期间的逆周期经济政策应对

IF 3.3 2区经济学 Q1 ECONOMICS

Economic Systems Pub Date : 2025-01-08 DOI:10.1016/j.ecosys.2024.101288

Ceyhun Elgin

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引用次数: 0

摘要

本文介绍了一个广泛的数据库，其中包含各国政府为应对COVID-19大流行而采取的经济政策措施，并考察了这些措施的结果。利用这一新的数据集，记录了五个关键观察结果：(1)国际货币基金组织在大流行开始时预计2020年GDP将出现更大幅度下降的国家在年底前采取了更大规模的财政和宏观金融一揽子计划。(2)较富裕的国家实施了更大的财政和宏观金融政策一揽子计划，甚至作为GDP的百分比。(3)大流行前高通胀国家采取的扩张性货币政策较少。(4) 2020年和2021年，实施更大规模的财政方案与更高的GDP增长率相关。(5)疫情期间采取更多扩张性政策的国家，2021年或2022年的通胀率不一定会更高。

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Countercyclical economic policy response during COVID-19

This paper introduces an extensive database of governments’ economic policy measures adopted in response to the COVID-19 pandemic and examines the outcomes of these measures. Using this novel dataset, five key observations are documented: (1) Countries expected by the IMF at the onset of the pandemic to experience sharper GDP declines in 2020 adopted larger fiscal and macro-financial packages by year-end. (2) Wealthier nations implemented larger fiscal and macro-financial policy packages, even as a percentage of GDP. (3) High pre-pandemic inflation countries adopted less expansionary monetary policies. (4) Adoption of larger fiscal packages correlated with higher GDP growth rates in 2020 and 2021. (5) Countries with more expansionary policies during the pandemic did not necessarily experience higher inflation rates in 2021 or 2022.

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来源期刊

Economic Systems ECONOMICS-

CiteScore

4.90

自引率

0.00%

发文量

审稿时长

48 days

期刊介绍： Economic Systems is a refereed journal for the analysis of causes and consequences of the significant institutional variety prevailing among developed, developing, and emerging economies, as well as attempts at and proposals for their reform. The journal is open to micro and macro contributions, theoretical as well as empirical, the latter to analyze related topics against the background of country or region-specific experiences. In this respect, Economic Systems retains its long standing interest in the emerging economies of Central and Eastern Europe and other former transition economies, but also encourages contributions that cover any part of the world, including Asia, Latin America, the Middle East, or Africa.