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This paper examines external adjustment in the United States, Japan and Germany from the...

A recent paper by Baba, Hendry, and Starr presents an error-correction model of the demand for M1...

The recent slowdown in the U.S. economy has led to state and local government tax increases and...

This paper associates both the increase in risk taken by wholesale banks in the United States and...

This paper examines the ability of alternative classes of growth models to explain the historical...

This paper develops a large scale overlapping generations model and calibrates it for the U.S....