Give me a U, Give me a V, Give me an L! How Effective are Countercyclical Policies in Shaping the Output Dynamic during Recessions

Gonzalo CastañedaLuis Castro Peñarrieta2026-03-222026-03-22202210.2139/ssrn.4188970https://doi.org/10.2139/ssrn.4188970https://andeanlibrary.org/handle/123456789/72249enRecessionEconomicsKeynesian economicsMonetary economicsPolitical scienceGive me a U, Give me a V, Give me an L! How Effective are Countercyclical Policies in Shaping the Output Dynamic during Recessionsarticle