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If not carefully planned, the transition to indirect monetary policy instruments may result in a...

The paper presents a general equilibrium framework for short-run macroeconomic analysis in a...

Under free capital mobility, a high-inflation country pursuing a nonaccommodating exchange rate...

This paper analyzes the efficiency and determinants of local authority expenditure in England...

The last decade has seen widespread deregulation of domestic financial markets in the United...

This paper examines the implications of European fiscal harmonization for the French economy...