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Fiscal Rules, Fiscal Councils, COVID-19, pandemic, Public debt, European Union, Deficit limits, independent fiscal institutions., policy choice, IMF working paper No.22, policy room, fiscal rule, dynamics of deviation, Fiscal rules, Fiscal councils, COVID-19, Fiscal governance, Debt limits, Global
containment measure, information campaign, contact tracing, smart containment, containment policy, success ranking, country income group dummy, COVID-19, Fiscal stance, Income, Communicable diseases, Europe, Asia and Pacific, Northern Europe, Africa, Middle East
Fiscal rule, golden rule, medium-term fiscal framework, MTFF
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Consumer confidence, Demand Shocks, incomplete markets, instrumental variables, Search and Matching
