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The paper starts by presenting evidence of commonality in global financial conditions. This...

Reserves remain a critical liquidity buffer for most countries. They are generally associated...

Extending previous work on the determinants of IMF lending in an interconnected world, we...

High uncertainty in general, and high policy uncertainty more specifically, can have important...

This study quantifies the importance of a Global Financial Cycle (GFCy) for capital flows. ...

This study investigates the nonlinear relationship between public debt and sovereign credit...