IDEAS home Printed from https://ideas.repec.org/p/wbk/wboper/33540.html
   My bibliography  Save this paper

Macroeconomic Policy in the Time of COVID-19

Author

Listed:
  • Norman V. Loayza
  • Steven Pennings

Abstract

No abstract is available for this item.

Suggested Citation

  • Norman V. Loayza & Steven Pennings, 2020. "Macroeconomic Policy in the Time of COVID-19," World Bank Publications - Reports 33540, The World Bank Group.
    • Handle: RePEc:wbk:wboper:33540
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/33540/Macroeconomic-Policy-in-the-Time-of-COVID-19-A-Primer-for-Developing-Countries.pdf?sequence=1
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Luca Fornaro & Martin Wolf, 2020. "Covid-19 coronavirus and macroeconomic policy," Economics Working Papers 1713, Department of Economics and Business, Universitat Pompeu Fabra.
    2. Riera-Crichton, Daniel & Vegh, Carlos A. & Vuletin, Guillermo, 2015. "Procyclical and countercyclical fiscal multipliers: Evidence from OECD countries," Journal of International Money and Finance, Elsevier, vol. 52(C), pages 15-31.
    3. de Groot, Oliver & Hauptmeier, Sebastian & Holm-Hadulla, Fédéric & Nikalexi, Katerina, 2020. "Monetary policy and regional inequality," Working Paper Series 2385, European Central Bank.
    4. Loayza,Norman V., 2018. "Informality : Why Is It So Widespread and How Can It Be Reduced?," Research and Policy Briefs 133110, The World Bank.
    5. Lars E.O. Svensson, 2020. "Monetary Policy Strategies for the Federal Reserve," International Journal of Central Banking, International Journal of Central Banking, vol. 16(1), pages 133-193, February.
    6. Oecd, 2020. "Going Digital integrated policy framework," OECD Digital Economy Papers 292, OECD Publishing.
    7. Gentilini,Ugo & Laughton, Sarah & O?Brien, Clare, 2018. "Human(itarian) Capital? : Lessons on Better Connecting Humanitarian Assistance and Social Protection," Policy Research Working Paper Series 132231, The World Bank.
    8. Handa, Sudhanshu & Natali, Luisa & Seidenfeld, David & Tembo, Gelson & Davis, Benjamin, 2018. "Can unconditional cash transfers raise long-term living standards? Evidence from Zambia," Journal of Development Economics, Elsevier, vol. 133(C), pages 42-65.
    9. Gunter, Samara & Riera-Crichton, Daniel & Vegh, Carlos A. & Vuletin, Guillermo, 2021. "Non-linear effects of tax changes on output: The role of the initial level of taxation," Journal of International Economics, Elsevier, vol. 131(C).
    10. Ilzetzki, Ethan & Mendoza, Enrique G. & Végh, Carlos A., 2013. "How big (small?) are fiscal multipliers?," Journal of Monetary Economics, Elsevier, vol. 60(2), pages 239-254.
    11. Krzysztof Szczygielski, 2020. "Innovation Policy in Poland," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(04), pages 07-09, January.
    12. Gentilini,Ugo & Laughton, Sarah & O?Brien, Clare, 2018. "Human(itarian) Capital? : Lessons on Better Connecting Humanitarian Assistance and Social Protection," Social Protection Discussion Papers and Notes 132231, The World Bank.
    13. Aart Kraay, 2012. "How large is the Government Spending Multiplier? Evidence from World Bank Lending," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(2), pages 829-887.
    14. Saptarshi Mukherjee & Krishnamurthy Subramanian & Prasanna Tantri, 2018. "Borrowers' Distress and Debt Relief: Evidence from a Natural Experiment," Journal of Law and Economics, University of Chicago Press, vol. 61(4), pages 607-635.
    15. Gianluca Benigno & Jan J. J. Groen, 2020. "Uncertainty about Trade Policy Uncertainty," Staff Reports 919, Federal Reserve Bank of New York.
    16. Leeper, Eric M. & Walker, Todd B. & Yang, Shu-Chun S., 2010. "Government investment and fiscal stimulus," Journal of Monetary Economics, Elsevier, vol. 57(8), pages 1000-1012, November.
    17. Paul Hünermund & Dirk Czarnitzki, 2020. "Innovation Policy and Causality," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(04), pages 03-06, January.
    18. World Bank, 2020. "The COVID-19 Pandemic [Pandémie De Covid-19]," World Bank Publications - Reports 33696, The World Bank Group.
    19. ., 2020. "Theory of regional policy," Chapters, in: Evolutionary Spatial Economics, chapter 29, pages 565-570, Edward Elgar Publishing.
    20. Klenow, Peter J. & Malin, Benjamin A., 2010. "Microeconomic Evidence on Price-Setting," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 6, pages 231-284, Elsevier.
    21. Susan W. Parker & Petra E. Todd, 2017. "Conditional Cash Transfers: The Case of Progresa/Oportunidades," Journal of Economic Literature, American Economic Association, vol. 55(3), pages 866-915, September.
    22. World Bank, 2020. "Response to COVID-19," World Bank Publications - Reports 33738, The World Bank Group.
    23. Valerie A. Ramey & Sarah Zubairy, 2018. "Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data," Journal of Political Economy, University of Chicago Press, vol. 126(2), pages 850-901.
    24. Oya Celasun & Mr. Francesco Grigoli & Ms. Keiko Honjo & Mr. Javier Kapsoli & Mr. Alexander D Klemm & Mr. Bogdan Lissovolik & Jan Luksic & Ms. Marialuz Moreno Badia & Ms. Joana Pereira & Mr. Marcos Pop, 2015. "Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis," IMF Staff Discussion Notes 2015/006, International Monetary Fund.
    25. Chuah,Lay Lian & Loayza,Norman V. & Myers,C. Bernard, 2020. "The Fight against Corruption : Taming Tigers and Swatting Flies," Research and Policy Briefs 145050, The World Bank.
    26. Lay Lian Chuah & Norman V. Loayza & Bernard Myers, 2020. "The Fight against Corruption," World Bank Publications - Reports 33171, The World Bank Group.
    27. Mikkel Barslund, 2020. "Pension Systems in the EU — Some Policy Issues," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(2), pages 69-72, March.
    28. Oya Celasun & Francesco Grigoli & Keiko Honjo & Javier Kapsoli & Alexander D Klemm & Bogdan Lissovolik & Jan Luksic & Marialuz Moreno Badia & Joana Pereira & Marcos Poplawski Ribeiro & Baoping Shang &, 2015. "Fiscal Policy in Latin America; Lessons and Legacies of the Global Financial Crisis," IMF Staff Discussion Notes 15/6, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Loayza,Norman V. & Pennings,Steven Michael, 2020. "Macroeconomic Policy in the Time of COVID-19 : A Primer for Developing Countries," Research and Policy Briefs 147291, The World Bank.
    2. James Cloyne & Òscar Jordà & Alan M. Taylor, 2020. "Decomposing the Fiscal Multiplier," Working Paper Series 2020-12, Federal Reserve Bank of San Francisco.
    3. Emilio Colombo & Davide Furceri & Pietro Pizzuto & Patrizio Tirelli, 2022. "Fiscal Multipliers and Informality," DISEIS - Quaderni del Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo dis2201, Università Cattolica del Sacro Cuore, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo (DISEIS).
    4. Jorge Fornero & Juan Guerra-Salas & Camilo Pérez N., 2019. "Multiplicadores fiscales en Chile," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 22(1), pages 058-080, April.
    5. Boehm, Christoph E., 2020. "Government consumption and investment: Does the composition of purchases affect the multiplier?," Journal of Monetary Economics, Elsevier, vol. 115(C), pages 80-93.
    6. Jair N. Ojeda‐Joya & Oscar E. Guzman, 2019. "The Size Of Fiscal Multipliers And The Stance Of Monetary Policy In Developing Economies," Contemporary Economic Policy, Western Economic Association International, vol. 37(4), pages 621-640, October.
    7. Ekaterina Pyltsyna, 2018. "The Change Of Fiscal Multiplier When Switching From Managed Exchange Rate Regime To Thefloating One," HSE Working papers WP BRP 206/EC/2018, National Research University Higher School of Economics.
    8. Andrea Boitani & Salvatore Perdichizzi, 2018. "Public Expenditure Multipliers in recessions. Evidence from the Eurozone," DISCE - Working Papers del Dipartimento di Economia e Finanza def068, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    9. Kanazawa, Nobuyuki, 2021. "Public investment multipliers: Evidence from stock returns of the road pavement industry in Japan," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
    10. Andrea Boitani & Salvatore Perdichizzi & Chiara Punzo, 2022. "Nonlinearities and expenditure multipliers in the Eurozone [Tales of fiscal adjustment]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(2), pages 552-575.
    11. Banerjee, Ryan & Zampolli, Fabrizio, 2019. "What drives the short-run costs of fiscal consolidation? Evidence from OECD countries," Economic Modelling, Elsevier, vol. 82(C), pages 420-436.
    12. Taylor, Alan M. & Cloyne, James & Jordà , Òscar, 2023. "State-Dependent Local Projections: Understanding Impulse Response Heterogeneity," CEPR Discussion Papers 17903, C.E.P.R. Discussion Papers.
    13. Sheremirov, Viacheslav & Spirovska, Sandra, 2022. "Fiscal multipliers in advanced and developing countries: Evidence from military spending," Journal of Public Economics, Elsevier, vol. 208(C).
    14. Sebastian Gechert, 2015. "What fiscal policy is most effective? A meta-regression analysis," Oxford Economic Papers, Oxford University Press, vol. 67(3), pages 553-580.
    15. George Chouliarakis & Tadeusz Gwiazdowski & Sophia Lazaretou, 2016. "The Effect of Fiscal Policy on Output in Times of Crisis and Prosperity: Historical Evidence From Greece ," Centre for Growth and Business Cycle Research Discussion Paper Series 230, Economics, The University of Manchester.
    16. Mathias Klein, 2016. "Austerity and Private Debt," Discussion Papers of DIW Berlin 1611, DIW Berlin, German Institute for Economic Research.
    17. Ianc, Nicolae-Bogdan & Turcu, Camelia, 2020. "So alike, yet so different: Comparing fiscal multipliers across EU members and candidates," Economic Modelling, Elsevier, vol. 93(C), pages 278-298.
    18. Combes, Jean-Louis & Minea, Alexandru & Sow, Moussé, 2017. "Is fiscal policy always counter- (pro-) cyclical? The role of public debt and fiscal rules," Economic Modelling, Elsevier, vol. 65(C), pages 138-146.
    19. Sayed O. M. Timuno & Joel Hinaunye Eita & Lanouar Charfeddine, 2020. "Towards an effective fiscal stimulus: Evidence from Botswana," Cogent Economics & Finance, Taylor & Francis Journals, vol. 8(1), pages 1790948-179, January.
    20. Mr. Armand P Fouejieu & Mr. Sergio L. Rodriguez & Mr. Sohaib Shahid, 2018. "Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought," IMF Working Papers 2018/133, International Monetary Fund.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wboper:33540. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.