Yusuf Soner Baskaya, Julian di Giovanni, Sebnem Kalemli-Özcan, and Mehmet Fatih Ulu argue that, during periods of high global risk appetite, capital inflows fuel a credit expansion in emerging markets by reducing the costs of borrowing.
Giacomo Ponzetto talks about the objectives, challenges, and potential impact of his ERC Starting Grant Project.
This is the second of two roundups of VoxEU articles written by Barcelona GSE researchers.
Researchers in the Barcelona GSE community have written several widely-read articles on CEPR’s policy portal, VoxEU.
Raquel Fernández and Alberto Martín explore the role of debt maturity on the frequency with which a country enters a debt crisis and on the severity of the latter.
Alessandra Bonfiglioli and Gino Gancia explore how export opportunities affect the choices of firms, their characteristics, and the wages of their workers.