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We present a stylized framework which encompasses a variety of "balance sheet approaches" to...

During the 1990s, the concept of "catalytic official finance" (COF) gained prominence in policy...

Shortcomings make credit VaR estimates an unsuitable basis for setting bank regulatory capital...

Monthly economic statistical bulletins issued by central banks and national statistical offices,...

This paper provides a perspective on how the IMF assesses a "sound fiscal policy," focusing...

IMF lending is generally conditional on specified policies and outcomes. These conditions usually...