Fiscal Policy and Lending Relationships /

This paper studies how fiscal policy affects loan market conditions in the US. First, it conducts a Structural Vector-Autoregression analysis showing that the bank spread responds negatively to an expansionary government spending shock, while lending increases. Second, it illustrates that these resu...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Melina, Giovanni
مؤلفون آخرون: Villa, Stefania
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Working Papers; Working Paper ; No. 2013/141
الوصول للمادة أونلاين:Full text available on IMF