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Ten years after the initial Climate Change Convention from Rio in 1992, the developed world is likely to ratify the …
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Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional …
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For decades the world's agricultural markets have been highly distorted by national government policies, but very … restrictiveness indexes. It then exploits a global agricultural distortions database recently compiled by the World Bank to generate … a sample of 75 countries that together account for more than three-quarters of the world's production of those …
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We develop a model of bank risk-taking with strategic sovereign default risk. Domestic banks invest in real projects and purchase government bonds. While an increase in bond purchases crowds out profitable investments, it improves the government's incentives to repay and therefore lowers its...
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