The global financial crisis exposed the sovereign-bank nexus as a driver of financial instability and an impediment to economic growth. Less attention has been paid to fiscal effects. Accordingly, this study analyzes the interaction between the macroprudential regulation of banks' capital...

The judicialization of politics, or alternatively, politization of the judiciary has been much discussed over the last twenty years. Despite this, the way judges influence fiscal policy outcomes remains, to a large extent, unexplored. This paper attempts, at least partially, to fill this...