Financial Crises

Chapter 14. How Effective Is Fiscal Policy Response in Financial Crises?

Stijn Claessens, Ayhan Kose, Luc Laeven, and Fabian Valencia
Published Date:
February 2014
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    Emanuele Baldacci, Sanjeev Gupta and Carlos Mulas-Granados The authors wish to thank Fabian Bornhorst, Stijn Claessens, Julio Escolano, Mark Horton, Julie Kozack, Paolo Manasse, Krishna Srinivasan, and Steve Symansky for providing very helpful comments on an earlier version of the chapter. They would also like to acknowledge excellent research assistance from Diego Mesa and John Piotrowski.
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