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Policy responses to COVID-19 in Uruguay

Author

Listed:
  • Bucacos, Elizabeth
  • Carballo, Patricia
  • Mello, Miguel
  • Ponce, Jorge

Abstract

COVID-19 caused an overwhelming wave with large social and economic consequences and huge policy challenges. We provide an evaluation of the impact of the social, economic, and financial policy measures undertaken to ameliorate its negative consequences in Uruguay. Overall, we find that the policy response had a significant effect on mitigating the negative impact of the pandemic in the country. We also discuss policy implications.

Suggested Citation

  • Bucacos, Elizabeth & Carballo, Patricia & Mello, Miguel & Ponce, Jorge, 2023. "Policy responses to COVID-19 in Uruguay," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 4(2).
  • Handle: RePEc:eee:lajcba:v:4:y:2023:i:2:s2666143823000029
    DOI: 10.1016/j.latcb.2023.100085
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    References listed on IDEAS

    as
    1. Elizabeth Bucacos & Patricia Carballo & Miguel Mello & Jorge Ponce, 2022. "COVID-19 in Uruguay: A survey of policy responses and their impact," Documentos de trabajo 2022002, Banco Central del Uruguay.
    2. María Victoria Landaberry & Rodrigo Lluberas & Micaela Vidal, 2021. "Una aplicación de la metodología Growth at Risk a Uruguay," Documentos de trabajo 2021009, Banco Central del Uruguay.
    3. Patricia Carballo & José Ignacio González & Margarita Güenaga & José Mourelle & Gabriela Romaniello, 2015. "Un modelo semi estructural de proyecciones macroeconómicas para el Uruguay," Documentos de trabajo 2015012, Banco Central del Uruguay.
    4. Patricia Carballo, 2022. "Política monetaria y formación de expectativas en un modelo neokeynesiano," Documentos de trabajo 2022001, Banco Central del Uruguay.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    COVID-19 Pandemic; Policy response; Impact evaluation; Uruguay;
    All these keywords.

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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