Table 2.

Description of variables.

Variables	Description	Source
Dependent variable
Y	Economic index to households, this is an aggregate of the two NPIs that focuses on the economic aspect. It represents the intensity of the economic support offered by an individual government over each day. The index is a discrete variable, it may comprise values from 0 to 100, and by construction, each interval is equally spaced by 12.5 intervals. In the case of our study the index is recoded into 9 intensity levels, from 0 to 8.	OxCGRT
Independent variables
Log (new deaths)	Number of deaths officially registered (in logs).	OxCGRT
Containment measures  School closure  Work-place closure  Cancel public events  Restrictions on gatherings  Close public transport  Stay-at-home requirements  Restrictions on international movements  International travel controls	Dummy variables indicating the eight containment policies: school closure, work-place closure, cancellation of public events, restrictions on gatherings, closure of public transport, stay-at-home requirements, restrictions on international movements, and international travel controls. The variable takes a value equal to 1 for the maximum level of containment in each policy and 0 otherwise.	OxCGRT
Log (average mobility)	Average of the walking and driving mobility indicators (in logs).	Apple Maps
Wave 1	Dummy variable equal to 1 during the first wave. The first wave was considered to have ended when the country achieved a minimum number of deaths for one entire week after the declaration of the global pandemic.	OxCGRT