Aizenman, Joshua; Jinjarak, Yothin; Spiegel, Mark - National Bureau of Economic Research - 2022
lending, higher public debt going into the crisis weakened the expansionary effects of higher spending on bank lending at …We investigate the implications of extra-normal government spending under the COVID-19 pandemic for commercial bank … lending growth between 2019Q4 and 2020Q4 in a large sample of over 3000 banks from 71 countries. We control for pre …