Fiscal Stimulus Impact on Firms' Profitability During the Global Financial Crisis

Using financial statement data from the Thomson Reuter's Worldscope database for 22,333 non-financial firms in 52 advanced and emerging economies, this paper examines how fiscal stimulus (id est, changes in structural deficit) interacted with sectoral business cycle sensitivity affected corpora...

Full description

Saved in:
Bibliographic Details
Main Authors: Correa-Caro, Carolina (Author), Medina, Leandro (Author), Ribeiro, Marcos Poplawski, 1977- (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Subjects:
Online Access:CONNECT