[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-32366":3,"doc-seo-32366":27},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"file_id":15,"file_url":16,"file_type":17,"file_size":18,"view_count":4,"is_deleted":4,"is_public":19,"is_downloadable":19,"audit_status":19,"page_count":20,"language":21,"language_code":22,"table_of_contents":23,"faqs":24,"seo_title":13,"seo_description":14,"update_tm":25,"read_time":26},32366,687197207057,"Sage","https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0",8,"Research & Report","Fiscal Stimulus under Sovereign Risk Javier Bianchi, Pablo Ottonello","Fiscal Stimulus under Sovereign Risk examines how government spending and fiscal support interact with sovereign credit conditions and risk dynamics. The study focuses on the transmission mechanisms through which sovereign risk can influence financing costs, policy effectiveness, and economic outcomes. It connects fiscal measures to investor behavior, balance-sheet effects, and macroeconomic responses, highlighting that the credibility and funding environment can materially change stimulus impacts. The analysis supports a framework for evaluating policy under stressed sovereign risk conditions.","cbCairP59DZVI4Qd","https://ap.wps.com/l/cbCairP59DZVI4Qd","pdf",2293481,1,87,"English","en","# Fiscal Stimulus under Sovereign Risk\n## Sovereign risk and policy transmission\n## Financing conditions and credibility\n## Economic impact of fiscal measures","[{\"question\":\"What relationship does the document study between fiscal stimulus and sovereign risk?\",\"answer\":\"The document analyzes how fiscal stimulus effectiveness depends on sovereign risk conditions, especially through financing and risk transmission channels.\"},{\"question\":\"How does sovereign risk affect the financing environment for fiscal policy?\",\"answer\":\"Sovereign risk influences funding costs and investor expectations, which can strengthen or weaken the real-economy effects of fiscal measures.\"},{\"question\":\"What is the document’s focus when evaluating the outcomes of fiscal stimulus?\",\"answer\":\"The evaluation emphasizes how sovereign risk changes the macroeconomic response and the overall effectiveness of policy interventions.\"}]",1781129939,219,{"code":4,"msg":28,"data":29},"ok",{"site_id":30,"language":22,"slug":31,"title":13,"keywords":32,"description":14,"schema_data":33,"social_meta":84,"head_meta":86,"extra_data":88,"updated_unix":25},105,"fiscal-stimulus-under-sovereign-risk-javier-bianchi-pablo-ottonello","",{"@graph":34,"@context":83},[35,52,66],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,49],{"item":39,"name":40,"@type":41,"position":19},"https://docshare.wps.com","Home","ListItem",{"item":43,"name":44,"@type":41,"position":45},"https://docshare.wps.com/document/","Document",2,{"item":47,"name":12,"@type":41,"position":48},"https://docshare.wps.com/document/research-report/",3,{"item":50,"name":13,"@type":41,"position":51},"https://docshare.wps.com/document/fiscal-stimulus-under-sovereign-risk-javier-bianchi-pablo-ottonello/32366/",4,{"url":50,"name":13,"@type":53,"author":54,"headline":13,"publisher":56,"fileFormat":59,"description":14,"dateModified":60,"datePublished":60,"encodingFormat":59,"isAccessibleForFree":61,"interactionStatistic":62},"DigitalDocument",{"name":9,"@type":55},"Person",{"url":39,"name":57,"@type":58},"DocShare","Organization","application/pdf","2026-06-10",true,{"@type":63,"interactionType":64,"userInteractionCount":4},"InteractionCounter",{"@type":65},"ViewAction",{"@type":67,"mainEntity":68},"FAQPage",[69,75,79],{"name":70,"@type":71,"acceptedAnswer":72},"What relationship does the document study between fiscal stimulus and sovereign risk?","Question",{"text":73,"@type":74},"The document analyzes how fiscal stimulus effectiveness depends on sovereign risk conditions, especially through financing and risk transmission channels.","Answer",{"name":76,"@type":71,"acceptedAnswer":77},"How does sovereign risk affect the financing environment for fiscal policy?",{"text":78,"@type":74},"Sovereign risk influences funding costs and investor expectations, which can strengthen or weaken the real-economy effects of fiscal measures.",{"name":80,"@type":71,"acceptedAnswer":81},"What is the document’s focus when evaluating the outcomes of fiscal stimulus?",{"text":82,"@type":74},"The evaluation emphasizes how sovereign risk changes the macroeconomic response and the overall effectiveness of policy interventions.","https://schema.org",{"og:url":50,"og:type":85,"og:title":13,"og:site_name":57,"og:description":14},"article",{"robots":87,"canonical":50},"index,follow",{"doc_id":7,"site_id":30}]