Investment and Consumption: Economic Policy Options in Mid-2020

Abstract The historically unprecedented slump in overall economic output due to the coronavirus crisis creates an urgency for economic policy responses. Demandside measures must be timely, targeted, and temporary. Addressing policy objectives beyond the economic recovery should not be the focus righ...

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Main Author: Michael Hüther
Format: Article
Language:deu
Published: Springer 2020-07-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-020-2675-6
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author Michael Hüther
author_facet Michael Hüther
author_sort Michael Hüther
collection DOAJ
description Abstract The historically unprecedented slump in overall economic output due to the coronavirus crisis creates an urgency for economic policy responses. Demandside measures must be timely, targeted, and temporary. Addressing policy objectives beyond the economic recovery should not be the focus right now. A package of measures ranging from tax cuts to direct payments is appropriate.
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spelling doaj.art-4debd71abdcd4da591c4c040bea5508e2022-12-21T18:20:46ZdeuSpringerWirtschaftsdienst0043-62751613-978X2020-07-01100642242810.1007/s10273-020-2675-6Investment and Consumption: Economic Policy Options in Mid-2020Michael Hüther0Institut der deutschen Wirtschaft Köln e.V.Abstract The historically unprecedented slump in overall economic output due to the coronavirus crisis creates an urgency for economic policy responses. Demandside measures must be timely, targeted, and temporary. Addressing policy objectives beyond the economic recovery should not be the focus right now. A package of measures ranging from tax cuts to direct payments is appropriate.https://doi.org/10.1007/s10273-020-2675-6
spellingShingle Michael Hüther
Investment and Consumption: Economic Policy Options in Mid-2020
Wirtschaftsdienst
title Investment and Consumption: Economic Policy Options in Mid-2020
title_full Investment and Consumption: Economic Policy Options in Mid-2020
title_fullStr Investment and Consumption: Economic Policy Options in Mid-2020
title_full_unstemmed Investment and Consumption: Economic Policy Options in Mid-2020
title_short Investment and Consumption: Economic Policy Options in Mid-2020
title_sort investment and consumption economic policy options in mid 2020
url https://doi.org/10.1007/s10273-020-2675-6
work_keys_str_mv AT michaelhuther investmentandconsumptioneconomicpolicyoptionsinmid2020