Government Size and Business Cycle Volatility: How Important are Credit Constraints?

In this paper we analyse how the availability of credit influences the relationship between government size as a proxy for fiscal stabilization policy and the amplitude of business cycle fluctuations in a sample of advanced OECD countries. Interpreting relatively low loan-to-value ratios as an indic...

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Bibliographic details
Volume: 82
Main Author: Markus Leibrecht
Johann Scharler
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: HOBOKEN Blackwell Publishing Ltd 01.04.2015
Wiley Subscription Services, Inc
published in: Economica (London) Vol. 82; no. 326; pp. 201 - 221
Data of publication: 20150401
ISSN: 0013-0427
EISSN: 1468-0335
Discipline: Economics
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2015
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