Given the high resilience of the Central and Eastern Europe (CEE) banking sectors during
the last financial crisis and their major role in the CEE region in financing the economy and …

This paper analyses the variables that moderate the impact of financial development on
economic growth based on theoretical and empirical evidences. We show that financial and …

Sovereign defaults feature three key empirical regularities regarding the domestic banking
systems:(i) defaults and banking crises happen together,(ii) banks are largely exposed to …

To achieve sustainable use of cultivated land in China, it is important to consolidate the
achievements of the large-scale program to leave cultivated land fallow. However, conflicts …

China's power sector must cut its carbon emissions by 90% by 2060 to become carbon
neutral. Green finance, as a crucial link in sustainable development, is garnering attention …

Purpose The effectiveness of fiscal policy is an interesting field in literature of
macroeconomics. The purpose of this paper is to investigate the effects of fiscal policy on …

Does support to distressed banks early on during financial crises mitigate the
macroeconomic consequences of financial distress, and if so does it matter what form the …

As a composite indicator that incorporates economic efficiency and environmental
protection, ecological efficiency is a valuable tool for measuring regional green development …

China's local government debt has risen sharply due to fiscal stimulus and decentralized
financing. This debt expansion increases systemic risk as default risk is transmitted to banks …

Using nonlinear Bayesian methods that fully account for the binding zero lower bound (ZLB),
we estimate a large-scale macrofinance DSGE model on US data. Counterfactual analysis …