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Is democracy affecting the economic policy responses to COVID-19?

Bibliographic Details
Main Author: Costa Filho, João Ricardo
Publication Date: 2023
Other Authors: Neto, António
Format: Article
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10362/160772
Summary: How does democracy relate to the initial economic policy responses to Covid-19? Using a cross country analysis, we find that countries with a higher degree of democracy have stronger economic policy responses than their peers. However, when we separate monetary and financial policies from fiscal policy, democracy is not associated with the latter when we control for the income level of a country. Finally, for countries with lower levels of labor participation, high levels of income inequality are associated with weaker policy responses.
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spelling Is democracy affecting the economic policy responses to COVID-19?A cross-country analysisSDG 10 - Reduced InequalitiesHow does democracy relate to the initial economic policy responses to Covid-19? Using a cross country analysis, we find that countries with a higher degree of democracy have stronger economic policy responses than their peers. However, when we separate monetary and financial policies from fiscal policy, democracy is not associated with the latter when we control for the income level of a country. Finally, for countries with lower levels of labor participation, high levels of income inequality are associated with weaker policy responses.NOVA School of Business and Economics (NOVA SBE)RUNCosta Filho, João RicardoNeto, António2023-11-30T22:21:23Z2024-03-152024-03-15T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/160772eng2972-3272PURE: 77423487https://doi.org/10.58567/eal03010001info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-22T18:16:21Zoai:run.unl.pt:10362/160772Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:46:54.678367Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Is democracy affecting the economic policy responses to COVID-19?
A cross-country analysis
title Is democracy affecting the economic policy responses to COVID-19?
spellingShingle Is democracy affecting the economic policy responses to COVID-19?
Costa Filho, João Ricardo
SDG 10 - Reduced Inequalities
title_short Is democracy affecting the economic policy responses to COVID-19?
title_full Is democracy affecting the economic policy responses to COVID-19?
title_fullStr Is democracy affecting the economic policy responses to COVID-19?
title_full_unstemmed Is democracy affecting the economic policy responses to COVID-19?
title_sort Is democracy affecting the economic policy responses to COVID-19?
author Costa Filho, João Ricardo
author_facet Costa Filho, João Ricardo
Neto, António
author_role author
author2 Neto, António
author2_role author
dc.contributor.none.fl_str_mv NOVA School of Business and Economics (NOVA SBE)
RUN
dc.contributor.author.fl_str_mv Costa Filho, João Ricardo
Neto, António
dc.subject.por.fl_str_mv SDG 10 - Reduced Inequalities
topic SDG 10 - Reduced Inequalities
description How does democracy relate to the initial economic policy responses to Covid-19? Using a cross country analysis, we find that countries with a higher degree of democracy have stronger economic policy responses than their peers. However, when we separate monetary and financial policies from fiscal policy, democracy is not associated with the latter when we control for the income level of a country. Finally, for countries with lower levels of labor participation, high levels of income inequality are associated with weaker policy responses.
publishDate 2023
dc.date.none.fl_str_mv 2023-11-30T22:21:23Z
2024-03-15
2024-03-15T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/160772
url http://hdl.handle.net/10362/160772
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 2972-3272
PURE: 77423487
https://doi.org/10.58567/eal03010001
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
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