Tag: Bond Yields

Guest Contribution: “Impact of Climate Risk on Fiscal Space: Does Political Stability and Financial Development Matter?”

Very honored to contribute my fourth guest blog post on Econbrowser. I am deeply grateful to Menzie Chinn. The recent literature establishes that climate risk reduces the fiscal space,…

Impact of Climate Risk on Fiscal Space: Do Religious Tensions Matter?

In our new working paper, written with John Beirne, Donghyun Park, and Gazi Salah Uddin, we find that political stability together with financial development matter for the negative…