| 000 | 01700nab a2200265 c 4500 | ||
|---|---|---|---|
| 999 |
_c149132 _d149132 |
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| 003 | ES-MaIEF | ||
| 005 | 20240322133647.0 | ||
| 007 | ta | ||
| 008 | 240322t2024 us ||||| |||| 00| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
||
| 100 |
_971547 _aYasar, Sezer |
||
| 245 | 0 |
_aDemocracy and fiscal-policy response to COVID-19 _c Sezer Yasar, Ceyhun Elgin |
|
| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aIn this paper, we investigate the relationship between the level of democracy and fiscal-policy response to the economic crisis induced by the COVID-19 pandemic. We use a novel cross-country panel dataset of fiscal-policy responses with time variation. Our results suggest that more democratic countries adopted substantially larger fiscal-policy packages (in % GDP), and the gap regarding the size of packages between more democratic and less democratic countries widened over time. Our analysis of the components of fiscal policy shows that democracies, in particular, provide larger packages that benefit the broad public. Furthermore, our system-equations estimations suggest that the relation of democracy level with the fiscal-policy response is established through democracy’s relation with inclusive institutions, represented by the parliamentary system, and corruption. | ||
| 650 | 4 |
_941808 _aDEMOCRACIA |
|
| 650 |
_aPANDEMIAS _967998 |
||
| 650 |
_aCORONAVIRUS _967999 |
||
| 650 | 4 |
_941525 _aCRISIS ECONOMICAS |
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| 650 | 4 |
_948067 _aPOLITICA FISCAL |
|
| 650 | 4 |
_941326 _aCORRUPCION |
|
| 700 | 1 |
_969831 _aElgin, Ceyhun |
|
| 773 | 0 |
_9171454 _oOP 1443/2024/198/1/2 _tPublic Choice _w(IEF)124378 _x 0048-5829 _g v. 198, n. 1-2, January 2024, p. 25-45 |
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| 942 | _cART | ||