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Denmark, Ireland, and Switzerland managed the 2008 financial crisis, The Paradox of Vulnerability shows that this is not an … encourages the development of institutions that enable decision makers to act together quickly in order to survive, especially …Cover -- Title -- Copyright -- CONTENTS -- Preface -- Acknowledgments -- Acronyms -- 1 Groundwork -- 2 Denmark -- 3 …
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This paper provides evidence on the effect of fiscal stimulus on economic activity in countries with different degrees of institutional quality. The identification strategy makes use of data on military expenditure to instrument government consumption using local lineal projections as presented...
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