2026-10-15T21:59:49Z https://data.mendeley.com/oai

oai:data.mendeley.com/4p2jdcp378.3 2021-08-17T15:15:21Z

Mohaddes, Kamiar Codes and Data Package: Covid-19 Fiscal Support and its Effectiveness Mendeley Data This package contains the data as well as the Matlab files needed to replicate the empirical findings in "Covid-19 Fiscal Support and its Effectiveness", Economics Letters 205, pp. 109939/1–5: https://doi.org/10.1016/j.econlet.2021.109939 Abstract: This paper uses a threshold-augmented Global VAR model to quantify the macroeconomic effects of countries' discretionary fiscal actions in response to the Covid-19 pandemic and its fallout. Our results are threefold: (1) fiscal policy is playing a key role in mitigating the effects of the pandemic; (2) all else equal, countries that implemented larger fiscal support are expected to experience less output contractions; (3) emerging markets are also benefiting from the synchronized fiscal actions globally through the spillover channel and reduced financial market volatility. Economics Finance Econometrics Macroeconomics Fiscal Policy COVID-19 Chudik, Alexander Raissi, Mehdi Dataset doi:10.17632/4p2jdcp378.3 oai:data.mendeley.com/4p2jdcp378.3 Creative Commons Attribution 4.0 International http://creativecommons.org/licenses/by/4.0 https://data.mendeley.com/datasets/4p2jdcp378 2021-08-17T15:15:21Z