Research papers, working drafts, and published academic work by Marcus.
A cross-country analysis of how QT regimes affect sovereign yield spreads across developed and emerging markets, with implications for portfolio allocation.
Download PDFExamining how fiscal dominance, reserve demand shifts, and inflation regime changes are reshaping term premiums in major government bond markets.
Download PDFExploring the interaction between fiscal policy and central bank balance sheet management in determining the shape and trajectory of yield curves.
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