Discussion paper DP14961 When is Sovereign Debt Odious? A Theory of Government Repression, Growth Traps, and Growth Boosts Viral Acharya Raghuram Rajan Jack B. Shim 28 Jun 2022 Sovereign debt Government myopia Financial repression Allocation puzzle Debt ceiling Financial Economics F3 G28 H2 H3 H6
Discussion paper DP16537 The Aftermath of Debt Surges M. Ayhan Kose Franziska Ohnsorge Carmen Reinhart Kenneth Rogoff 11 Sep 2021 Debt restructuring Growth inflation Fiscal consolidation Financial repression Wealth taxes International Macroeconomics and Finance F62 F34 F44 E32 E63 H6 H63
Discussion paper DP16294 Sticky Spending, Sequestration, and Government Debt Facundo Piguillem Alessandro Riboni 25 Jun 2021 Government debt Mandatory and discretionary spending Entitlement spending reform Delayed stabilization Budgetary inertia Public Economics H2 H6
Discussion paper DP16211 Fiscal Rules and Discretion with Risk of Default Chiara Felli Facundo Piguillem Liyan Shi 1 Jun 2021 Spending bias Fiscal rules Government debt Sovereign default International Macroeconomics and Finance Monetary Economics and Fluctuations E6 E62 H1 H6
Discussion paper DP15450 The Sources of Fiscal Fluctuations Antoine Levy Luca Antonio Ricci Alejandro Werner 13 Nov 2020 Fiscal Deficit Debt Fluctuations Insurance Sovereign debt International Macroeconomics and Finance Public Economics E62 F41 H6 H87
Discussion paper DP15330 Should we trust cross sectional multiplier estimates? Fabio Canova 1 Oct 2020 Cross sectional methods Dynamic heterogeneity Partial pooling Fiscal multipliers Monetary pass-through International Macroeconomics and Finance Monetary Economics and Fluctuations Public Economics E0 H6 H7
Discussion paper DP15094 What kind of EU fiscal capacity? Evidence from a randomized survey experiment in five European countries in times of corona Roel Beetsma Brian Burgoon Francesco Nicoli Anniek de Ruijter Frank Vandenbroucke 24 Jul 2020 Eu fiscal capacity Conjoint experiment Eu support instruments Temporary or permanent shocks Stabilization Conditionality Taxation Redistribution Public Economics E63 H23 H5 H6
Discussion paper DP14734 COVID-19, Helicopter Money & the Fiscal-Monetary Nexus Alex Cukierman 8 May 2020 Covid-19 Seignorage Deficits Government debt Optimal taxation Central bank independence Fiscal institutions Inflation and deflation International Macroeconomics and Finance Monetary Economics and Fluctuations E5 E62 E63 E31 H21 H12 H6
Discussion paper DP14682 Fiscal Rules as Bargaining Chips Facundo Piguillem Alessandro Riboni 29 Apr 2020 Fiscal rules Government debt Legislative bargaining Political polarization Government shutdown= Monetary Economics and Fluctuations Public Economics H2 H6 D72
Discussion paper DP14440 The Side Effects of Safe Asset Creation Sushant Acharya Keshav Dogra 24 Feb 2020 Safe assets Negative natural rate Crowding out risk premium Liquidity traps Monetary Economics and Fluctuations E3 E4 E5 G1 H6
Discussion paper DP13471 Public Debt Through the Ages Barry Eichengreen Asmaa El-Ganainy Rui Esteves Kris Mitchener 21 Jan 2019 Sovereign debt Debt history Sovereign debt crises Sovereign debt composition Economic History International Macroeconomics and Finance H6 F3
Discussion paper DP13301 Municipal Bond Markets Norman Schürhoff Dan Li Burton Hollifield 6 Nov 2018 Municipal bonds Muni-bond puzzle Over-the-counter markets Trading cost Centrality premium Electronification Green bonds Financial Economics G12 G14 G18 G24 G28 H21 H6 H7
