M. de Potter de ten Broeck

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This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper attempts to(More)
Recent events have shown that sovereigns, just like banks, can be subject to runs, highlighting the importance of the investor base for their liabilities. This paper proposes a methodology for compiling internationally comparable estimates of investor holdings of sovereign debt. Based on this methodology, it introduces a dataset for 24 major advanced(More)
This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper contains an(More)
Public infrastructures, public consumption and welfare in a new open economy macro model Public infrastructures, public consumption and welfare in a new open economy macro model The views expressed in this paper are those of the authors and do not necessarily reflect the views of the Bank of Finland. We are grateful to Mark De Broeck, Russell Kincaid and(More)
  • O. Celasun, X. Debrun, Oya Celasun, Xavier Debrun, Jonathan D. Ostry, Laura Alfaro +12 others
  • 2006
This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper proposes a(More)
This chapter investigates whether fiscal policy should be used to combat business cycle fluctuations, especially downturns. Can discretionary fiscal policy successfully stimulate output? Or does it do more harm than good? New evidence presented here, from emerging as well as advanced economies, indicates that the effects of fiscal stimulus can be positive,(More)
We investigate the relation between changes in tax composition and long-run economic growth using a new dataset covering a broad cross-section of countries with different income levels. We specifically consider 69 countries with at least 20 years of observations on total tax revenue during the period 1970-2009—21 high-income, 23 middle-income and 25(More)
This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. The paper analyzes some(More)
This paper documents and analyzes crisis-related changes in government debt issuance practices in the 16 euro zone countries and Denmark. Using a newly constructed database on primary market debt issuance during 2007–09, we find evidence of a shift away from pre-crisis standards of best funding practices—competitive auctions of debt instruments with a fixed(More)