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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| Language: | en_US |
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American Economic Association
2015
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| Online Access: | http://hdl.handle.net/10986/22640 |