Ms. Yuanyan Sophia Zhang

Fiscal Vulnerabilities and Risks from Local Government Finance in China

European Wage Dynamics and Spillovers

Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy: What Do the Data Say?

Spillovers from China: Financial Channels

Spillovers from Dollar Appreciation

A New Wave of ECB’s Unconventional Monetary Policies: Domestic Impact and Spillovers

Real Money Investors and Sovereign Bond Yields

Effectiveness and Channels of Macroprudential Instruments: Lessons from the Euro Area