This working paper shows how deviations in uncovered interest rate parity (UIP) decrease as local currency bond markets develop and the presence of nonbank financial institutions expands.
In this paper, the authors examine the relationship between corruption and entrepreneurship employing two widely used proxies from the Global Entrepreneurship Monitor and the World Bank Group Entrepreneurship Survey.
This paper revisits the impact of population aging on economic growth and explores how technological advancement affects this relationship.
This brief suggests how policy makers can tackle the likely rise in nonperforming loans (NPLs) as a result of the coronavirus disease (COVID-19) pandemic to prevent a debt crisis.
This paper presents data on how flexible exchange rate regimes insulate emerging markets from external shocks. The findings are based on a study about whether or not flexible exchange rates can protect emerging markets from external shocks.
This paper empirically investigates the relationship between the speed of the buildup of private debt—household and corporate debt—and the depth of recessions.
This publication empirically assesses the effect of private debt buildup—household and corporate debt—on the real economy in advanced and emerging market economies.
This publication analyzes the financial vulnerability of developing countries during the global financial crisis.