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...
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Main Authors: | , , |
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Format: | Electronic eBook |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2018.
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Subjects: | |
Online Access: | CONNECT |