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Robin Greenwood , Samuel Hanson
A Comparative-Advantage Approach to Government Debt Maturity. Robin Greenwood, Samuel G. Hanson, May 2014, Paper. "We study optimal government debt maturity in a model where…
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Alberto Alesina
The output effect of fiscal consolidation plans. Alberto Alesina, May 2014, Paper. "We show that the correct experiment to evaluate the effects of a scale adjustment is the…
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Sovereigns, Upstream Capital Flows and Global Imbalances. Laura Alfaro, May 2014, Paper. "We construct measures of net private and public capital flows for a large cross-section…
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The Real Effects of Capital Controls: Liquidity Constraints, Exporters, and Firm Investment. Laura Alfaro, May 2014, Paper. "This paper evaluates the effects of capital controls…
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Kenneth Rogoff
Costs and Benefits to Phasing Out Paper Currency. Kenneth Rogoff, May, 2014, Paper. "Despite advances in transactions technologies, paper currency still constitutes a notable…
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Benjamin Friedman
Has the Financial Crisis Permanently Changed the Practice of Monetary Policy? Has It Changed the Theory of Monetary Policy? Benjamin Friedman, May 2014, Paper. "I argue in…
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Niall Ferguson
Central Bank Balance Sheets: Expansion and Reduction since 1900. Niall Ferguson, May 2014, Paper. "In this paper we study the evolution of central banks’ balance sheets in…
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What Development Banks Do? Evidence from BNDES, 2002-2009. Aldo Musacchio, May, 2014, Article. "While some authors view development banks as an important tool to alleviate capital…
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Victoria Ivashina
Financial Repression in the European Sovereign Debt Crisis. Victoria Ivashina , April 25, 2014, Paper. "By the end of 2013, the share of government debt held by the domestic…
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To Pay Or Not To Pay: Argentina And The International Debt Market. Laura Alfaro, April 25, 2014, Opinion. "Argentina’s escalating financial crisis is taking on the look and feel…