Fiscal Consolidation and the Cost of Credit : Evidence from Syndicated Loans /
We examine how the cost of corporate credit varies around fiscal consolidations aimed at reducing government debt. Using a new dataset on fiscal consolidations and syndicated corporate loan data, we find that loan spreads increase with fiscal consolidations, especially for small firms, domestic firm...
| Автор: | |
|---|---|
| Інші автори: | |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2013/036 |
| Онлайн доступ: | Full text available on IMF |