Government Spending Multipliers in Developing Countries : Evidence from Lending by Official Creditors
This paper uses a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for government spending. These loans typically finance multi-year spending projects, with disbursements linked to the stages of project implementation. The i...
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| Language: | en_US |
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American Economic Association
2013
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| Online Access: | http://hdl.handle.net/10986/16313 |