Expansionary Austerity: Reallocating Credit Amid Fiscal Consolidation
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DOI: 10.17016/IFDP.2021.1323
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- Morais,Bernardo & Perez-Estrada,Javier & Peydró,José-Luis & Ruiz Ortega,Claudia, 2021. "Expansionary Austerity : Reallocating Credit Amid Fiscal Consolidation," Policy Research Working Paper Series 9655, The World Bank.
- Peydró, José-Luis & Morais, Bernardo & Ruiz-Ortega, Claudia & Perez-Estrada, Javier, 2021. "Expansionary Austerity: Reallocating Credit Amid Fiscal Consolidation," CEPR Discussion Papers 16511, C.E.P.R. Discussion Papers.
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More about this item
Keywords
Crowding out; Government lending; Subnational debt; Banks; Emerging markets;All these keywords.
JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
- P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2021-08-16 (Banking)
- NEP-FDG-2021-08-16 (Financial Development and Growth)
- NEP-ISF-2021-08-16 (Islamic Finance)
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