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

Nopic
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 fiscal shocks (both measured by spending and... READ MORE...

Publication date: July 2019
ISBN 9781484389690
$18.00

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