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This paper estimates a speculative attack model of currency crises in order to identify the role...

This paper studies the Mexican and Israeli experience with a target zone. The first part of the...

By reviewing the experiences of Latin American countries with the restructuring of their...

This paper examines the experience of implementing indirect instruments of monetary policy. The...

This paper argues that recent movements in closed-end emerging markets funds present a strong...

Assessing the sustainability of a given fiscal policy is especially important for countries that...