Fernando Broner

CREI

Senior Researcher

Ramon Trias Fargas, 25-27

Barcelona, 08005

Spain

http://www.crei.cat/people/broner

Barcelona GSE

Research Professor

Ramon Trias Fargas 25-27

Barcelona, 08005

Spain

Universitat Pompeu Fabra

Adjunct Professor

Ramon Trias Fargas, 25-27

Barcelona, 08005

Spain

http://www.crei.cat/people/broner

CEPR

Research Fellow

London

United Kingdom

  • CREI

    • Email
    • Tel: +34 93 542 2601

  • Barcelona GSE

    • Tel: +34 93 542 2601

  • Universitat Pompeu Fabra

    • Email
    • Tel: +34 93 542 2601

  • CEPR

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    • Tel: +34 93 542 2601
SCHOLARLY PAPERS

18

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3,830

TOTAL CITATIONS
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Top 700

in Total Papers Citations

444

Scholarly Papers (18)

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1.

Why are Capital Flows so Much More Volatile in Emerging than in Developed Countries?

Number of pages: 23 Posted: 01 Mar 2006
Fernando Broner and Roberto Rigobon
CREI and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 733 (76,076)
Citation 28

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Capital flows, emerging countries, volatility, crises, contagion, persistence

2.

Why Do Emerging Economies Borrow Short Term?

Downloads 517 (118,433)
Citation 72

Why Do Emerging Economies Borrow Short Term?

Number of pages: 64 Posted: 02 Sep 2004
Fernando Broner, Guido Lorenzoni and Sergio L. Schmukler
CREI, Northwestern University and World Bank - Development Research Group (DECRG)
Downloads 259 (253,929)

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Emerging market debt, maturity structure, sovereign spreads, risk premium, term premium, financial crises

Why Do Emerging Economies Borrow Short Term?

UPF Economics and Business Working Paper 838
Number of pages: 64 Posted: 29 Nov 2005 Last Revised: 21 Jun 2013
Fernando Broner, Guido Lorenzoni and Sergio L. Schmukler
CREI, Northwestern University and World Bank - Development Research Group (DECRG)
Downloads 177 (366,592)
Citation 1

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Emerging market debt, maturity structure,sovereign spreads, risk premium, term premium, financial crises

Why Do Emerging Economies Borrow Short Term?

NBER Working Paper No. w13076
Number of pages: 65 Posted: 27 Jun 2007 Last Revised: 25 Sep 2022
Fernando Broner, Guido Lorenzoni and Sergio L. Schmukler
CREI, Northwestern University and World Bank - Development Research Group (DECRG)
Downloads 77 (689,871)
Citation 51

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Why Do Emerging Economies Borrow Short Term?

CEPR Discussion Paper No. DP6249
Number of pages: 67 Posted: 21 May 2008
Fernando Broner, Guido Lorenzoni and Sergio L. Schmukler
CREI, Northwestern University and World Bank - Development Research Group (DECRG)
Downloads 4 (1,378,821)
Citation 20
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emerging market debt, financial crises, investor risk aversion, maturity structure, risk premium, term premium

3.

Gross Capital Flows: Dynamics and Crises

Downloads 345 (188,904)
Citation 123

Gross Capital Flows: Dynamics and Crises

Banco de Espana Working Paper No. 1039
Number of pages: 52 Posted: 29 Apr 2011
Fernando Broner, Tatiana Didier, Aitor Erce and Sergio L. Schmukler
CREI, World Bank, UPNA and World Bank - Development Research Group (DECRG)
Downloads 217 (302,758)
Citation 7

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gross capital flows, net capital flows, domestic investors, foreign investors, crises

Gross Capital Flows: Dynamics and Crises

World Bank Policy Research Working Paper No. 5768
Number of pages: 50 Posted: 20 Apr 2016
Fernando Broner, Tatiana Didier, Aitor Erce and Sergio L. Schmukler
CREI, World Bank, UPNA and World Bank - Development Research Group (DECRG)
Downloads 123 (498,927)
Citation 1

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Emerging Markets, Macroeconomic Management, Economic Theory & Research, Debt Markets, Capital Flows

Gross Capital Flows: Dynamics and Crises

CEPR Discussion Paper No. DP8591
Number of pages: 51 Posted: 12 Oct 2011
Fernando Broner, Tatiana Didier, Aitor Erce and Sergio L. Schmukler
CREI, World Bank, UPNA and World Bank - Development Research Group (DECRG)
Downloads 5 (1,372,513)
Citation 115
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crises, domestic investors, foreign investors, gross capital flows, net capital flows

4.

Globalization and Risk Sharing

Downloads 255 (259,719)
Citation 15

Globalization and Risk Sharing

Number of pages: 36 Posted: 25 Feb 2006
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 159 (403,381)
Citation 5

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globalization, risk sharing, sovereign risk, domestic markets, international markets

Globalization and Risk Sharing

NBER Working Paper No. w12482
Number of pages: 47 Posted: 30 Aug 2006 Last Revised: 11 Aug 2022
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 70 (728,898)

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Globalization and Risk Sharing

CEPR Discussion Paper No. 5820
Number of pages: 49 Posted: 13 Oct 2006
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 26 (1,119,994)
Citation 10
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Globalization, risk sharing, sovereign risk, domestic markets, international markets

5.

Fiscal Multipliers and Foreign Holdings of Public Debt

Downloads 249 (266,025)
Citation 13

Fiscal Multipliers and Foreign Holdings of Public Debt

European Stability Mechanism Working Paper No. 30
Number of pages: 76 Posted: 30 Mar 2018
Fernando Broner, Daragh Clancy, Alberto Martin and Aitor Erce
CREI, Central Bank of Ireland, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and UPNA
Downloads 166 (388,303)
Citation 13

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sovereign debt, fiscal multiplier, foreign holdings of public debt

Fiscal Multipliers and Foreign Holdings of Public Debt

ECB Working Paper No. 2255 (2019); ISBN 978-92-899-3517-3
Number of pages: 75 Posted: 27 Mar 2019
Fernando Broner, Daragh Clancy, Aitor Erce and Alberto Martin
CREI, Central Bank of Ireland, UPNA and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 81 (669,417)

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sovereign debt, fiscal multiplier, foreign holdings of public debt

Fiscal Multipliers and Foreign Holdings of Public Debt

CEPR Discussion Paper No. DP12960
Number of pages: 77 Posted: 05 Jun 2018 Last Revised: 22 Oct 2018
Fernando Broner, Daragh Clancy, Aitor Erce and Alberto Martin
CREI, Central Bank of Ireland, UPNA and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 2 (1,391,486)
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Fiscal Multiplier, Foreign Holdings of Public Debt, Sovereign debt

6.

Rethinking the Effects of Financial Liberalization

Downloads 225 (293,789)
Citation 33

Rethinking the Effects of Financial Liberalization

Number of pages: 25 Posted: 07 Apr 2009
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 141 (446,128)
Citation 3

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Financial liberalization, sovereign risk, enforcement, capital flows

Rethinking the Effects of Financial Liberalization

NBER Working Paper No. w16640
Number of pages: 51 Posted: 27 Dec 2010 Last Revised: 21 Jun 2023
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 81 (669,417)
Citation 21

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Rethinking the Effects of Financial Liberalization

CEPR Discussion Paper No. DP8171
Number of pages: 53 Posted: 18 Jan 2011
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 3 (1,384,878)
Citation 9
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capital flows, economic growth, enforcement, financial liberalization, sovereign risk

7.

When in Peril, Retrench: Testing the Portfolio Channel of Contagion

Downloads 207 (319,586)
Citation 37

When in Peril, Retrench: Testing the Portfolio Channel of Contagion

IMF Working Paper No. 04/131
Number of pages: 35 Posted: 17 Sep 2004
Fernando Broner, Gaston Gelos, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart and Carmen Reinhart
CREI, Bank for International Settlements and National Bureau of Economic Research (NBER)World BankCentre for Economic Policy Research (CEPR)International Monetary Fund (IMF)University of Maryland - School of Public AffairsHarvard University, Harvard Kennedy School (HKS), Belfer Center for Science and International Affairs (BCSIA)Harvard University - Center for Business and GovernmentPeterson Institute for International Economics
Downloads 88 (636,008)

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Contagion, international investors, risk aversion, emerging markets, portfolio choice, financial crises

When in Peril, Retrench: Testing the Portfolio Channel of Contagion

IMF Working Paper No. 04/131
Number of pages: 35 Posted: 15 Feb 2006
Fernando Broner and Gaston Gelos
CREI and Bank for International Settlements
Downloads 74 (711,641)
Citation 1

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Contagion, risk aversion, emerging markets, portfolio choice, financial crises

When in Peril, Retrench: Testing the Portfolio Channel of Contagion

NBER Working Paper No. w10941
Number of pages: 36 Posted: 19 Dec 2004 Last Revised: 25 Nov 2022
Fernando Broner, Gaston Gelos, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart and Carmen Reinhart
CREI, Bank for International Settlements and National Bureau of Economic Research (NBER)World BankCentre for Economic Policy Research (CEPR)International Monetary Fund (IMF)University of Maryland - School of Public AffairsHarvard University, Harvard Kennedy School (HKS), Belfer Center for Science and International Affairs (BCSIA)Harvard University - Center for Business and GovernmentPeterson Institute for International Economics
Downloads 45 (913,611)
Citation 36

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8.

Sources of Comparative Advantage in Polluting Industries

Downloads 193 (339,522)
Citation 1

Sources of Comparative Advantage in Polluting Industries

NBER Working Paper No. w18337
Number of pages: 51 Posted: 25 Aug 2012 Last Revised: 08 Feb 2023
Fernando Broner, Paula Bustos and Vasco M. Carvalho
CREI, Universitat Pompeu Fabra (UPF) - Department of Economics and Business and Universitat Pompeu Fabra/CREI
Downloads 187 (348,663)
Citation 1

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Sources of Comparative Advantage in Polluting Industries

CEPR Discussion Paper No. DP9111
Number of pages: 64 Posted: 28 Sep 2012
Vasco M. Carvalho, Fernando Broner and Paula Bustos
Universitat Pompeu Fabra/CREI, CREI and Universitat Pompeu Fabra (UPF) - Department of Economics and Business
Downloads 6 (1,365,478)
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air pollution, comparative advantage, environmental regulation, international trade

9.

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

Downloads 171 (378,755)
Citation 87

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

NBER Working Paper No. w19676
Number of pages: 63 Posted: 28 Nov 2013 Last Revised: 07 Apr 2023
Fernando Broner, Aitor Erce, Alberto Martin and Jaume Ventura
CREI, UPNA, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 113 (533,192)
Citation 51

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Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

Banco de Espana Working Paper No. 1402
Number of pages: 69 Posted: 15 Feb 2014
Fernando Broner, Alberto Martin, Jaume Ventura and Aitor Erce
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI), Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and UPNA
Downloads 57 (814,302)
Citation 5

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sovereign debt, discrimination, crowding out, rollover crises, economic growth

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

CEPR Discussion Paper No. DP9761
Number of pages: 67 Posted: 25 Nov 2013
Fernando Broner, Aitor Erce, Alberto Martin and Jaume Ventura
CREI, UPNA, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 1 (1,400,045)
Citation 31
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crowding out, discrimination, economic growth, rollover crises, sovereign debt

10.

Sovereign Risk and Secondary Markets

Downloads 163 (394,892)
Citation 17

Sovereign Risk and Secondary Markets

NBER Working Paper No. w12783
Number of pages: 41 Posted: 23 Dec 2006 Last Revised: 07 Dec 2022
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 157 (407,836)

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Sovereign Risk and Secondary Markets

CEPR Discussion Paper No. 6055
Number of pages: 43 Posted: 28 Jun 2007
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 6 (1,365,478)
Citation 17
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Commitment, default penalties, international borrowing, international risk sharing, secondary markets, sovereign risk

11.

Winners and Losers from Sovereign Debt Inflows

Downloads 160 (401,325)
Citation 10

Winners and Losers from Sovereign Debt Inflows

Number of pages: 60 Posted: 08 Jan 2020 Last Revised: 11 May 2020
Fernando Broner, Alberto Martin, Lorenzo Pandolfi and Tomas Williams
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI), CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF) and George Washington University
Downloads 131 (474,209)
Citation 1

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sovereign debt; capital inflows; exchange rate; government bond yields; stock prices; emerging markets

Winners and Losers from Sovereign Debt Inflows

NBER Working Paper No. w27772
Number of pages: 73 Posted: 11 Sep 2020 Last Revised: 21 May 2023
Fernando Broner, Alberto Martin, Lorenzo Pandolfi and Tomas Williams
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI), CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF) and George Washington University
Downloads 29 (1,082,652)
Citation 9

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12.

Enforcement Problems and Secondary Markets

Downloads 129 (478,393)
Citation 1

Enforcement Problems and Secondary Markets

Number of pages: 12 Posted: 20 Sep 2007
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 73 (711,641)

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Enforcement, default, secondary markets, sovereign risk, weak law enforcement

Enforcement Problems and Secondary Markets

NBER Working Paper No. w13559
Number of pages: 13 Posted: 31 Oct 2007 Last Revised: 21 Jul 2022
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 53 (845,059)

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Enforcement Problems and Secondary Markets

CEPR Discussion Paper No. DP6498
Number of pages: 15 Posted: 02 Jun 2008
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 3 (1,384,878)
Citation 1
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default, enforcement, secondary markets, sovereign risk, weak law enforcement

13.

Sovereign Risk, Anonymous Markets, and the Effects of Globalization

UPF Economics and Business Working Paper No. 837
Number of pages: 32 Posted: 29 Nov 2005
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 116 (519,323)
Citation 1

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Financial integration, anonymous markets, sovereign risk, domestic markets, international markets

14.

Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises

Downloads 102 (571,449)
Citation 3

Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises

Number of pages: 33 Posted: 17 Sep 2004
Fernando Broner
CREI
Downloads 87 (640,711)
Citation 3

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Currency crises, first generation models, private information, discrete devaluations, multiple equilibria

Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises

CEPR Discussion Paper No. 5876
Number of pages: 38 Posted: 27 Dec 2006
Fernando Broner
CREI
Downloads 15 (1,266,300)
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Currency crises, first generation models, private information, discrete devaluations, multiple equilibria

15.

Determining Underlying Macroeconomic Fundamentals During Emerging Market Crises: Are Conditions as Bad as They Seem?

Number of pages: 40 Posted: 17 Sep 2004
Mark Aguiar and Fernando Broner
Princeton University and CREI
Downloads 97 (591,286)

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16.

On the Timing of Balance of Payments Crises: Disaggregated Information and Interest Rate Policy

Number of pages: 47 Posted: 17 Sep 2004
Fernando Broner
CREI
Downloads 85 (642,097)
Citation 3

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Currency crises, timing, disaggregated information, interest rate defenses

17.

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out

IMF Working Paper No. 13/270
Number of pages: 64 Posted: 11 Feb 2014
Fernando Broner, Aitor Erce, Alberto Martin and Jaume Ventura
CREI, UPNA, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 66 (740,600)

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Sovereign debt, Europe, Spillovers, Financial crisis, Bond issues, Investment, Economic models, rollover crises, secondary markets, economic growth, domestic creditors, domestic debt, debt crises, public debt, debt crisis, debt maturity, stock of debt, debt problems, private credit, sovereign defaults, central banks, government debt, debt dynamics, sovereign debt crises, short-term debt, sovereign debt crisis, debt holders, amount of debt, foreign debt, sovereign debts, external borrowing, public debts, debt renegotiation, debt data, private creditors, liquidity crises, debt accumulation, repurchases, sovereign bonds, bilateral agreements, low debts, debt stocks, debt restructuring, reserve

18.

On Public Spending and Economic Unions

Downloads 17 (1,199,518)

On Public Spending and Economic Unions

NBER Working Paper No. w27831
Number of pages: 40 Posted: 21 Sep 2020 Last Revised: 19 Jul 2023
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 16 (1,252,992)

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On Public Spending and Economic Unions

CEPR Discussion Paper No. DP15309
Number of pages: 43 Posted: 22 Sep 2020
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI)
Downloads 1 (1,400,045)
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Crowding out, Economic union, Financial Frictions, Fiscal coordination, Public Spending, Spending externalities