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Sovereign Debt Restructuring and Growth

Author/Editor: Lorenzo Forni, Geremia Palomba, Joana Pereira, Christine J Richmond.

Release Date:July, 2016

This paper studies the effect of sovereign debt restructurings with external private creditors on growth during the period 1970-2010. We find that there are bad and good (or not so bad) more...



Price: $18.00
From Systemic Banking Crises to Fiscal Costs : Risk Factors

Author/Editor: David Amaglobeli, Nicolas End, Mariusz Jarmuzek, Geremia Palomba.

Release Date:July, 2015

This paper examines the risk factors associated with fiscal costs of systemic banking crises using cross-country data. We differentiate between immediate direct fiscal costs of government more...



Price: $18.00
Sub-National Government's Risk Premia : Does Fiscal Performance Matter?

Author/Editor: Sergio Sola, Geremia Palomba.

Release Date:May, 2015

This paper examines the determinants of sub-national governments risk premia using secondary market data for U.S., Canada, Australia and Germany. It finds that, as for central governments, fiscal more...



Price: $18.00
Capital Income Taxation and Economic Growth in Open Economies

Author/Editor: Geremia Palomba.

Release Date:May, 2004

Do reductions in capital income taxes attract foreign capital and, at the same time, foster economic growth? This paper examines the effect of capital income taxation on the international allocation more...



Price: $15.00
Firm Investment, Corporate Finance, and Taxation

Author/Editor: Geremia Palomba.

Release Date:December, 2002

This paper examines the intertemporal effect of corporate income taxation on the investment behavior of a firm that faces imperfect capital markets. It shows that when capital markets are imperfect, more...



Price: $15.00