A dataset of governments’ economic responses to COVID-19

Abstract

We introduce a new dataset of ten economic measures in percentage of gross domestic product implemented by governments worldwide between January 2020 and June 2021 to fight COVID-19. The measures coded include fiscal measures (wage support, cash transfers, in-kind transfers, tax cuts, sectorial support and credit schemes), tax deferrals, off-budget measures, and main policy rate cuts. The data can be used to study the impact of economic measures on different outcomes, and to understand the diffusion of economic policies during crises.

Keywords

• Fiscal policies
• COVID-19
• Economic measures
• Panel data