Fiscal Multipliers and Foreign Holdings of Public Debt

Fernando Broner, Daragh Clancy, Alberto Martín and Aitor Erce suggest that the effects of fiscal expansions in a globalized world depend crucially on how they are financed
Fernando Broner, Daragh Clancy, Alberto Martín and Aitor Erce suggest that the effects of fiscal expansions in a globalized world depend crucially on how they are financed
Antonio Ciccone finds that commodity price downturns lead to a substantial increase in the risk of civil war.
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.