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...

詳細記述

書誌詳細
第一著者: Melina, Giovanni
その他の著者: Villa, Stefania
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2013.
シリーズ:IMF Working Papers; Working Paper ; No. 2013/141
オンライン・アクセス:Full text available on IMF