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This paper discusses issues in calibrating the countercyclical capital buffer (CCB) based on a...

The experience of the Great Recession and its aftermath revealed that a lower bound on interest...

This paper assesses the role of bank and nonbank financial institutions’ balance sheet foreign...

This paper takes stock of the global economic recovery a decade after the 2008 financial crisis....

Using a new firm-level dataset on private and listed firms from 20 countries, we document five...

Literature on whether government spending crowds out or crowds in the private sector is large,...