 | Bailing Out the People? When Private Debt Becomes Public Author/Editor: Samba Mbaye, Marialuz Moreno Badia, Kyungla Chae. Release Date:June, 2018 This paper documents a form of private sector bailout that is much more common (and yet unnoticed) than the typical bank bailout. Building on the newly-created Global Debt Database, we show that more...
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| Global Debt Database: Methodology and Sources Author/Editor: Samba Mbaye, Marialuz Moreno Badia, Kyungla Chae. Release Date:May, 2018 This paper describes the compilation of the Global Debt Database (GDD), a cutting-edge dataset covering private and public debt for virtually the entire world (190 countries) dating back to the more...
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| Independent Fiscal Councils: Recent Trends and Performance Author/Editor: Roel M W J Beetsma, Xavier Debrun, Xiangming Fang, Young Kim, Victor Duarte Lledo, Samba Mbaye, Xiaoxiao Zhang. Release Date:March, 2018 Countries increasingly rely on independent fiscal councils to constrain policymakers’ discretion and
curb the bias towards excessive deficits and pro-cyclical policies. Since fiscal councils more...
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