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The paper evaluates the key drivers of fiscal crises in a sample of countries from all three income groups—advanced, emerging, and low-income countr...
A Quantitative Analysis
This paper analyzes cross-border macrofinancial spillovers from a variety of macroprudential policy measures, using a range of quantitative methods. E...
In this paper we empirically examine the operation of the traditional Keynesian interest rate channel of the monetary policy transmission mechanism in...
After providing a general overview of the nature, pros, and cons of crypto assets and CBDCs, this paper focuses on documenting their recent experience...
This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and uses empirical analysis to answer...
This paper takes a fresh look at the determinants of reserves holding with the aim of highlighting similarities and differences in the motives for hol...
In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly lower than what would be expec...
This paper discusses experiences in reestablishing fiscal management in postconflict countries. Building fiscal institutions in postconflict countries...
In this paper we contribute to the empirical literature on growth in the MENA region by attempting to quantify the impact of the various constraints f...
This paper explores the hypothesis that the propensity to consume out of income varies in a non-linear fashion with fiscal variables, and in particula...