This paper shows that, in a multi-country framework with government deficit spillovers, designing institutions that …

collapse in external demand and financial spillovers have plunged the economy into a severe recession. Financial policies are …

The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis … management policies. We find that despite potentially sizeable domestic effects from consolidation, aggregate negative spillovers …

Finland’s 2008 Article IV Consultation shows that spillovers from the global turmoil are adversely affecting activity …

from one continuation probability to the other. When switching from large to small, transient higher levels of cooperation … are observed in the early games of the small continuation set. Conversely, when switching from small to large, cooperation … probabilities. These asymmetries suggest a bias in favor of cooperation. Finally, we examine the link between altruism and RPD play …

We construct an asymmetri c duopolistic R&D and production behavior model subject to knowledge spillovers. This model …