Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/272365 
Year of Publication: 
2022
Series/Report no.: 
EconPol Policy Report No. 37
Publisher: 
CESifo GmbH, Munich
Abstract: 
This paper conceptualizes an appropriate path for fiscal policy starting from the early phase of the pandemic up to the final transition to a post-pandemic new normal. Using this yardstick, it assesses the initial fiscal response of Member States. It exploits fiscal projections and program data to analyze the adjustment to the economic recovery. For loan guarantee and short-time work schemes, it identifies program-specific parameters that improve target precision and identifies examples of more and less convincing program designs.
Document Type: 
Research Report

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.