--although advanced economies with higher debt levels may have been constrained in how they provided stimulus (with more below …

-rate differentials, inflation, equity indices, and different volatilities. One exception is that removing controls on capital outflows …

The recent financial crises pointed out the central role of public and private debt in modern economies. However, even … if debt is a recurring topic in discussions about the current economic situation, economic modelling does not take into … account debt as one of the crucial determinants of economic dynamics. Our contribution, in this paper, is to investigate the …

The recent financial crises pointed out the central role of public and private debt in modern economies. However, even … if debt is a recurring topic in discussions about the current economic situation, economic modeling does not take into … account debt as one of the crucial determinants of economic dynamics. The authors' contribution, in this paper, is to …

-rate differentials, inflation, equity indices, and different volatilities. One exception is that removing controls on capital outflows …

We show that macroprudential regulation can considerably dampen the impact of globalfinancial shocks on emerging … markets. More specifically, a tighter level of regulation reducesthe sensitivity of GDP growth to VIX movements and capital … andliquidity, foreign currency mismatches, and risky forms of credit. We also find that tightermacroprudential regulation allows …

In 2022, the global cost of living surged, pushing already rising global inflation to multi-decade highs. Our empirical … analysis assesses the impact of high inflation on Greece’s public finances (in terms of flows), considering the extraordinary …, distinguishing between the effects of a demand- and an external supply-driven shock to inflation. We find that the nature of an …

Fiscal consolidation is used as a synonym for austerity much as debt restructuring is used as a euphemism for partial … as a means to correcting fiscal imbalances, while maintaining the sustainability of public debt. However, the medical … debt legacy. And, amidst the cyclone's recessionary eye, the remedy appears to be killing the patient, if not everywhere …