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This paper uses the IMF's Global Integrated Monetary and Fiscal Model to compute shortrun...

Countries that trade more with each other exhibit higher business cycle correlation. This paper...

This paper develops a stylized, small, open economy macro model that incorporates an explicit and...

Policy-makers have attributed the scale of the credit crisis and its profound impact on money...

This paper focuses on financial interlinkages within Europe and potential contagion channeled...

This paper develops a model that highlights the importance of clusters for attracting foreign...