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Using supervisory loan-level data on corporate loans, we show that banks facing high levels of...

Over the last decade, empirical studies analyzing macroeconomic conditions that may affect the...

This volume sets out the IMF’s By-Laws, which are adopted under the authority of, and are...

This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a...

Sovereign debt restructurings are perceived as inflicting large losses to bondholders. However,...

Using business registry data from China, we show that internal capital markets in business groups...