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Although accommodative policies and widespread indexation may account for the persistence of high...

The robust negative correlation between openness and inflation found in cross-country data for...

This paper studies price stabilization policy under both predetermined and flexible exchange...

This paper examines monetary and exchange rate policies of the euro area. The paper reviews the...

The paper presents a model of irreversible investment under uncertainty, where investment takes...

This paper examines the behavior of private sector credit in chronic inflation countries that...