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Much recent analysis of international monetary and fiscal policy issues, such as the choice of an...

Tax reform in Latin America during the 1980s emphasized broad-based, low-rate consumption taxes...

This paper reviews the experience with capital controls in industrial and developing countries,...

Under what circumstances can market forces prevent unsustainable borrowing? Effective market...

A bilateral search model of the commodity market is formulated to study the effects of...

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