Reserve Asset Competition and the Global Fiscal Cycle
收藏NBER2024-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w32841
下载链接
链接失效反馈官方服务：
资源简介：
Governments tend to increase their borrowing at the same time, giving rise to a global fiscal cycle. This global fiscal cycle has a large component that is unexplained by global business cycle variables. We propose a novel explanation for the emergence of the global fiscal cycle: governments'
提供机构：
美国国家经济研究局
创建时间：
2024-08-01
