State-Owned Banks and Fiscal Discipline /

State-owned banks may help to soften the financing constraints of public sector entities and consequently become a factor that hampers fiscal discipline. Using a panel dataset, we find that a larger presence of state-owned banks in the banking system is associated with more credit to the public sect...

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Bibliographic Details
Main Author: Gonzalez-Garcia, Jesus
Other Authors: Grigoli, Francesco
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/206
Online Access:Full text available on IMF