I’m happy to share a new article (co-authored with Roshak Momtahen) just published in the Emory International Law Review (Vol. 40, Issue 2) entitled "Contested Authority: The Legal Framework for Ultra Vires Sovereign Debt and Its Implications for Public Debt Transparency".
New paper with Beth Simmons in International Organization: "From Barriers to Abuse: Border Hardening and Torture." A signaling story with big implications for human rights research. 🧵
Excited to share our @AnnualReviews article, "The Politics of Climate Change in the Developing World,"
https://t.co/NFXwwaAym5
with Guy Grossman and Audrey Sacks. It’s been amazing to watch this area of research grow so much in recent years. Let's keep it up!
🌟 We’re hiring!
Looking for candidates passionate about sovereign debt, climate finance & global development, with strong analytical skills.
Work on cutting-edge research & policy.
🔗 More details here👇
https://t.co/MTnVr3u9SU
#Hiring#Economics#DevelopmentFinance
Holders of EUR GDP warrants have filed a further claim in the UK for payments for 2017, 2021 and 2022. Claimants assert amount owed is EUR 1.58bn (8.362 cents per warrant) in addition to EUR 1.6bn outstanding under existing judgment for 2013. https://t.co/I33L8QevFn
🧵 "Determinants of Sovereign Bond Issuance in Emerging Markets" (CEPR DP21251).
New paper out with @SteveKLWong and @MarkManger A thread on what we find 👇
1. New paper out in the Journal of Development Economics! With Mariana Bernad and @juanpablorud we ask: do banks' voluntary climate pledges actually mean anything? Using survey data on 337 banks and ~5,000 firms across 33 emerging economies, we find that they do.🧵
"The bondholder committee… said ‘they have been left with no other option but to take legal action in the English court to enforce payment’ after the rejection by official lenders.”
Bondholders prepare to sue Ethiopia over $1bn debt default https://t.co/ARMn1XL2Y5 via @ft
My paper "Political Pressure on the Fed" has been accepted for publication at the Review of Economic Studies! @RevEconStudies
Thank you to everyone who provided useful input for this research project!
Latest draft here:
https://t.co/PCnHpurqds
My book is now out in paperback! It means you don’t have to break the bank to learn the history of war reparations, how they were financed in the past — and maybe learn a few lessons for the future.
https://t.co/A0r4DViY9Z
Parallel session 3A on debt and climate, chaired by Cleary Gottlieb's Jim Ho, with @mrwidmann, @UlfErlandsson, @UliVolz, University of Oxford's Sarah Duffy, and @pnemina
1/ 🌍 Today at #DebtCon8 we’re launching the African Debt Database (ADD) — the first comprehensive, instrument-level dataset covering both domestic and external sovereign debt across the African continent.
@MarkManger@davidmihalyi Niccolo Rescia, @Ch_Trebesch Ka Lok Wong.
Look forward to joining a great panel at DebtCon8 this week hosted by Georgetown University in Washington D.C
Presenting my take on the politics, local and global, of Sri Lanka's debt restructuring process, how it raised complexity of balancing a multiplicity of stakeholders
Does it matter how the government finances its spending? We show that fiscal multipliers are larger when government spending is financed with short-term debt. The difference arises mainly from private consumption responses. https://t.co/xJXuqD4Y0Y #bdeResearch
📰 New paper forthcoming in Explorations in Economic History!
Venice, 1619–1666 → A cautionary tale on fiscal monetization & currency depreciation.
Even credible states can't escape fiscal dominance.
📜 Paper 👉 https://t.co/obUodtlS7n
📖 TL;DR → Read our VoxEU Column 👇
I am on the legal academic job market! My job talk paper is on how courts in tax, corporate, and bankruptcy law spheres value business interests systematically differently, such that the same asset is "worth" different amounts of money depending on the substantive underlying law.
A new book, Debt's Grip, comes out just as the Wall Street Journal reports on the deep financial struggles of American households.
https://t.co/s0sm1dTXSw
Officially released! My new book "Sovereign Funds: How the Communist Party of China Finances Its Global Ambitions" is about the geoeconomics of China's sovereign funds and FX reserves management. A 6-part thread of key arguments:
https://t.co/hZ8JtZHoCv
Excited to share "High-Profile Corruption Convictions, Government Reactions, and Public Approval: A Comparative Analysis Across Levels of Democracy", co-authored with Feng Yang @Gov_Journal.
https://t.co/gxjfCF2304