This paper assesses and disseminates experiences and lessons from low-income countries (LICs) in Sub-Saharan Africa that were selected by the Africa Department
The global financial crisis has underscored the importance of understanding macro-financial developments and spillovers in an increasingly interconnected and in
The Great Financial Crisis of 2007-09 confirmed the vital importance of advancing our understanding of macrofinancial linkages, the two-way interactions between
The main theme of this thesis are macro-financial linkages. I covered three different questions related to this topic. In the first chapter Gaƫl Giraud and I d
In this survey, I review the academic and policy-oriented literature on the linkages between financial markets and the rest of the economy. The survey begins wi