Contributing to an important literature on the side effects of fiscal policy, this paper employs
a treatment effect analysis to show that fiscal rules (FR) have significant side effects on …

Although there is no consensus on the relationship between natural resource abundance
and economic growth, much of the economic literature suggests that natural resource …

We investigate whether fiscal rules impact private domestic investment. Using data spanning
100 advanced and developing countries over the period 1990–2019 and applying the …

Developing economies often borrow abroad in foreign currency, which exposes them to the
problem of “original sin.” Although the literature on the issue is relatively extensive, there is …

This article provides a large dataset on PSE using a parametric approach, and covering 158
countries of all income levels, over the period 1990–2017. The analysis includes four …

This paper analyzes the effect of US economic sanctions on sovereign debt default across
118 developing nations from 1980 to 2018. We use entropy balancing method, and provide …

This paper analyzes the effects of power outages and constraints on manufacturing firms'
revenue-based total factor productivity in developing countries. The empirical analysis is …

We investigate the impact of climate change on firms' investment in research and
development (R&D) in developing countries. The paper relies on two contrasting …

Numerous economic and financial factors impact the financial performance of the banking
industry, and this phenomenon warrants the attention of scholars. Therefore, this study …

We examine the effect of media freedom on public expenditure efficiency, using a panel of
158 advanced and developing countries from 1994 to 2016. We find robust evidence that …