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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...
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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...
Persistent link: https://www.econbiz.de/10012864117
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Sparpolitiken sollten Europa aus der Finanzkrise retten, haben aber die Schulden erhöht, ohne Wachstum zu erreichen … Wirtschaftspolitik zeigt in einer historischen und aktuellen Studie die unvermeidbar negativen Folgen der heute in Europa weit …
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