Fiscal Stimulus Impact on Firms' Profitability During the Global Financial Crisis /

Using financial statement data from the Thomson Reuter's Worldscope database for 22,333 non-financial firms in 52 advanced and emerging economies, this paper examines how fiscal stimulus (i.e., changes in structural deficit) interacted with sectoral business cycle sensitivity affected corporate...

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Bibliografische gegevens
Hoofdauteur: Correa-Caro, Carolina
Andere auteurs: Medina, Leandro, Poplawski Ribeiro, Marcos, Sutton, Bennett
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2018.
Reeks:IMF Working Papers; Working Paper ; No. 2018/251
Online toegang:Full text available on IMF