In recent years, the subnational debt landscape in Mexico has undergone significant transformation. With the constant evolution of fiscal policy...

Deposit ProtectionAlberto Ortiz Bolaños, July 2024

A Benchmark Macroeconomic Model on Excess Deaths, Economic Production’s Losses and Economic Policies During the COVID-19 PandemicAlberto Ortiz Bolaños, October...

This week’s Bank and Finance presentation reviews the Gross Domestic Product (GDP) losses around the world in the aftermath of...

In this presentation we compute real interest rates for 38 countries and the Euro area to identify the prevalence of...

Bank and Finance, inicia una serie de análisis sobre la situación económica y social de México. Los estudios de esta...

In this research paper, we show the importance of considering non-linear effects when analyzing macroeconomic and financial linkages. The main...

In our continuing series of presentations on “New Sources of Economic Growth,” we are thrilled to announce the final topic:...

In our continuing series of presentations on “New Sources of Economic Growth,” we are thrilled to introduce the theme for...

In our ongoing series of presentations on “New Sources of Economic Growth,” we are excited to present the focus for...

In our ongoing series of presentations on “New Sources of Economic Growth,” we are excited to present the focus for...

From June 12 to June 16, 2023, Bank & Finance had the privilege of coordinating a workshop on New Sources...

Bankers without Boundaries and Bank & Finance developed a feasibility study and roadmap for thematic bond issuance in Cambodia. This...

We use the Public Finances in Modern History Database assembled by Paolo Mauro, Rafael Romeu, Ariel J Binder and Asad Zaman to analyze the evolution of...

In this week’s presentation we show that 3 years after the COVID-19 Pandemic hit the world, it has had an...

In this research project, we show the importance of considering non-linearities when analyzing financial conditions and the macroeconomic-financial linkages. Conclusions...

En esta presentación proporcionamos una visión general de la teoría, la arquitectura, indicadores financieros y evidencia sobre el papel de...

Download full document In this presentation we provide an overview of the theory, architecture, financial indicators, and evidence on the...

Banks could have an important role in the allocation of credit and provide other useful financial services. These services could...

National oil companies could be an important source of income in their home-country, giving governments resources to provide public goods...

In the previous post, we showed that at an aggregate level most countries have an observed capital to output ratio...

Despite the fact that the capital to output ratio has grown in most countries across the world, the marginal productivity...

Government securities could allow for a better allocation of financial resources and strengthen the government capacity to support the development...

A yield curve provides information about prevailing interest rates for debt securities of different tenors (say one month, three months,...

Government borrowing could respond to intertemporal allocation of public resources to smooth expenditure, investment, and taxation. It allows expediting the...

The net international investment position (NIIP) provides an aggregate view of the net financial position (assets minus liabilities) of a country...

Ben Bernanke, together with Mark Gertler, has advocated to study the importance of financial factors in economic allocations. In particular,...

These levels are, on average, 6% higher than the levels observed in 2019. Production and distribution disruptions are part of...

Credit markets are prone to information asymmetries, which could cause inefficiencies such as credit rationing and exclusion. In general, private...

In this research project, we analyze the role of fiscal and monetary policies in the determination of inflation and government...