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Fiscal Consolidation and the Cost of Credit: Evidence from Syndicated Loans

  • Agca S
  • et al.
IMF Working Papers (2013) 13(36) i
DOI: 10.5089/9781475564440.001
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Abstract

We examine how the cost of corporate credit varies around fiscal consolidations aimed at reducing government debt. Using a new dataset on fiscal consolidations and syndicated corporate loan data, we find that loan spreads increase with fiscal consolidatio

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APA

Agca, S., & Igan, D. (2013). Fiscal Consolidation and the Cost of Credit: Evidence from Syndicated Loans. IMF Working Papers, 13(36), i. https://doi.org/10.5089/9781475564440.001

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