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The strong US policy response to the 2008-09 financial crisis raised concerns about its impact...

This paper proposes a new index of sectoral labor distortion using employment and valueadded...

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary...

This paper examines the growth performance of sub-Saharan African countries since 1960 through...

I carry out a business cycle accounting exercise (Chari, Kehoe and McGrattan, 2007) on the U.S....

This paper analyzes how the leverage of financial institutions affects their demand for assets...