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How effective is fiscal policy response in systemic banking crises? /
This paper studies the effects of fiscal policy response in 118 episodes of systemic banking crisis in advanced and emerging market countries during 1980-2008. It finds that timely countercyclical fiscal measures contribute to shortening the length of crisis episodes by stimulating aggregate demand....
| Cote: | Libro Electrónico |
|---|---|
| Auteurs principaux: | , , |
| Collectivité auteur: | |
| Format: | Électronique eBook |
| Langue: | Inglés |
| Publié: |
[Washington, DC] :
International Monetary Fund,
©2009.
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| Collection: | IMF working paper ;
WP/09/160. |
| Sujets: | |
| Accès en ligne: | Texto completo |