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Government spending shocks and default risk in emerging markets

The coronavirus pandemic has revived interest in the effects of fiscal policy. This paper studies the effects of government spending on default risk in emerging economies. We first build a general equilibrium small open economy model where government spending shocks influence external debt and sover...

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Detalles Bibliográficos
Autores principales: Jiang, Ming, Li, Jingchao
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10358995/
https://www.ncbi.nlm.nih.gov/pubmed/37471355
http://dx.doi.org/10.1371/journal.pone.0288802