Emerging Market Corporate Leverage and Global Financial Conditions IMF (2016-12-20)
Corporate debt in emerging markets has risen significantly in recent years amid accommodative global financial conditions. This paper studies the relationship of leverage growth in emerging market (EM) firms to U.S. monetary condi .. more |
Macroeconomics of bank capital and liquidity regulations BIS (2016-12-20)
We study the transmission mechanisms of liquidity and capital regulations as well as their effects on the economy and welfare. We propose a macro-economic model in which a regulator faces the following trade-off. On the one hand, .. more |
Trends in Public Finance OECD (2016-12-20)
To investigate how public finances could best be designed to promote long-run growth and address inequality, it is essential to have comprehensive, cross-country comparable data on government spending and revenues, along with stru .. more |