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Discretionary fiscal responses to the Covid-19 pandemic

Abstract:
We analyse discretionary fiscal responses to the Covid-19 pandemic. We distinguish policies for three phases of the pandemic: (1) acute overall disruption, (2) initial recovery phase and (3) the longer term. We analyse measures already taken in (1) and consider measures relevant for (2). We distinguish between lump-sum subsidies, such as deferral of tax payments, which may ease financial constraints, and measures which intentionally affect incentives. We also identify factors that are important given the short-term nature of the measures.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1093/oxrep/graa019

Authors


More by this author
Institution:
University of Oxford
Division:
SSD
Department:
Saïd Business School
Oxford college:
Oriel College
Role:
Author


Publisher:
Oxford University Press
Journal:
Oxford Review of Economic Policy More from this journal
Volume:
36
Issue:
S1
Pages:
S225-S241
Publication date:
2020-06-02
DOI:
EISSN:
1460-2121
ISSN:
0266-903X


Language:
English
Keywords:
Pubs id:
1110324
Local pid:
pubs:1110324
Deposit date:
2020-06-08

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