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Government Spending Multipliers in Developing Countries : Evidence from Lending by Official Creditors

The author uses a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for government spending. Loans from official creditors typically finance multiyear public spending projects, with disbursements linked to the stages of proje...

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Bibliographic Details
Main Author: Kraay, Aart
Language:en_US
Published: American Economic Association 2015
Subjects:
official lending
fiscal policy
government expenditure
monetary policy
Online Access:http://hdl.handle.net/10986/22640

Internet

http://hdl.handle.net/10986/22640

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