@techreport{grancini2025publicdebt,
  author      = {Grancini, Stefano},
  title       = {Public Debt, {iMPCs} and Fiscal Policy Transmission},
  institution = {European Central Bank},
  type        = {Working Paper Series},
  number      = {3106},
  year        = {2025},
  address     = {Frankfurt am Main},
  url         = {https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp3106~d78ff7ac24.en.pdf}
}