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Fiscal Stimulus and Firms’ Sales and Capital Expenditure During the Global Financial Crisis
Using firm-level data from the Refinitiv Datastream Worldscope database for more than 17,253 non-financial firms in 45 advanced and emerging economies, this paper examines how fiscal stimulus interacted with sectoral business cycle sensitivity has affected firms’ sales and capital expenditures durin...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Palgrave Macmillan UK
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8335718/ https://www.ncbi.nlm.nih.gov/pubmed/34366561 http://dx.doi.org/10.1057/s41294-021-00160-5 |