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....

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Détails bibliographiques
Cote:Libro Electrónico
Auteurs principaux: Baldacci, Emanuele (Auteur), Gupta, Sanjeev (Auteur), Mulas-Granados, Carlos (Auteur)
Collectivité auteur: International Monetary Fund. Fiscal Affairs Department
Format: Électronique eBook
Langue:Inglés
Publié: [Washington, DC] : International Monetary Fund, ©2009.
Collection:IMF working paper ; WP/09/160.
Sujets:
Financial crises.
Banks and banking.
Banks and banking
Financial crises
Finanzpolitik.
Wirkungsanalyse.
Bankenkrise.
Finanzmarktkrise.
Schwellenländer.
Accès en ligne:Texto completo

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