Focal Interest
Focal Interest

Debt

  1. Unfunded fiscal shocks were not the main driver of Japan's inflation
    Analysis of how fiscal shocks influenced inflation in Japan over four decades, revealing demand and monetary factors rather than fiscal imbalances as primary drivers.
  2. Off-balance-sheet finance reshapes green industrial policy in Europe
    How EU fiscal constraints drive off-balance-sheet financing in green industrial policy, enabled by techno-political coalitions bridging technical expertise and political influence.
  3. Inflation weakens the sovereign-bank doom loop
    Study examines how inflation and money supply influence the sovereign-bank relationship and the debt-lending feedback loop using quantile VAR analysis.
  4. KfW lending scheme revealed incentive risks in crisis lending
    Incentive alignment mechanisms for public lending in economic crises, with empirical analysis of KfW COVID-19 program and theoretical contract design proposals.
  5. Public debt is linked to lower economic growth in Türkiye
    Fourier-ARDL analysis of public debt-growth nexus in Türkiye identifies U-shaped nonlinear relationship with 61-63% threshold, contradicting linear models and conventional growth stimulus rationales.
  6. Asia plays a marginal role in debt-for-nature swaps
    Explore why Asia accounts for only 13% of debt-for-nature swaps despite high debt and environmental needs. Discover which Asian economies are positioned for future transactions.
  7. War effects on the labor market: corporate employment, productivity, and wages in Ukraine
    Study examines Russia's invasion impact on Ukrainian labor markets across 100,000+ firms, revealing job losses, reduced productivity, and wage declines vary by firm size, labor intensity, and.