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Caleb Wroblewski

Macroeconomist, Fiscal Studies Unit · Congressional Budget Office

Macroeconomist in the Fiscal Studies Unit of the Congressional Budget Office, with a Ph.D. in Economics from UC Berkeley. Works on macroeconomics and public finance, including how monetary and tax policy affect capital goods, housing and R&D.

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Published Classic Journal of International Money and Finance Published Jul 2019
Home country interest rates and international investment in U.S. bonds

John Ammer · Stijn Claessens · Alexandra Tabova · Caleb Wroblewski

When the sovereign yield in an investor's own country falls, that country's private investors hold more U.S. bonds and tilt the mix toward riskier corporate debt rather than Treasuries. Across 31 …