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Japan is facing a sizable fiscal imbalance against a backdrop of weak trend growth and growing...

Growth-indexed bonds have been suggested as a way of reducing the procyclicality of...

We introduce local and foreign investors in a simple model of speculative attacks. Local...

This paper analyzes various indicators of the U.S. international investment position from a...

All financial institutions specialize, in dimensions that may include categories of assets and...

Economic adjustment and reform programs, including those supported by international financial...