The authors study the transmission of business cycle fluctuations for developed (N) to developing economies (S) with a two-country, asymmetric, dynamic stochastic general equilibrium (DSGE) model with...
The author uses a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for government spending. Loans from official creditors typically...
The author uses a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for government spending. These loans typically finance multiyear...