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This paper investigates the channels through which debt affects growth, specifically whether debt...

Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has...

We show that US natural gas prices have decoupled from oil prices following substantial...

Like any tax, the VAT is vulnerable to evasion and fraud. But its credit and refund mechanism...

This paper investigates convergence and dynamic effects of human and physical capital on growth,...

Low-income countries routinely experience exogenous disturbances-sharp swings in the terms of...