Fiscal consolidation and the cost of credit : evidence from syndicated loans /
"We examine how the cost of corporate credit varies around fiscal consolidations aimed at reducing government debt. Using a new dataset on fiscal consolidations and syndicated corporate loan data, we find that loan spreads increase with fiscal consolidations, especially for small firms, domesti...
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| Main Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2013.
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| Series: | IMF working paper ;
WP/13/36. |
| Subjects: | |
| Online Access: | CONNECT CONNECT |
