International Fiscal-financial Spillovers : The Effect of Fiscal Shocks on Cross-border Bank Lending /

This paper sheds new light on the degree of international fiscal-financial spillovers by investigating the effect of domestic fiscal policies on cross-border bank lending. By estimating the dynamic response of U.S. cross-border bank lending towards the 45 recipient countries to exogenous domestic fi...

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Bibliographic Details
Main Author: Choi, Sangyup
Other Authors: Furceri, Davide, Yoon, Chansik
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/150
Online Access:Full text available on IMF