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The entire difference between a mild downturn and a devastating crisis is the occurrence of sharp...

Empirically, output and asset returns are highly positively correlated across the United States...

The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global...

The IMF was established in 1944 in part to "give confidence" to member countries by providing...

Under the assumption of no arbitrage exchange rate target zone credibility is tested by whether...

This paper discusses how decentralized countries can achieve sound fiscal relations between the...