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This paper analyzes the interactions between business and financial cycles using an extensive...

We estimate the additional health spending necessary to treat COVID-19 patients. We expand a...

This paper provides a comprehensive analysis of financial cycles using a large database covering...

The Spanish labor market is not working: the unemployment rate is structurally very high; wages...

Economic theory suggests that vulnerable financial conditions of the corporate sector can trigger...

This paper analyzes through what channels the euro crisis has affected firm valuations globally....