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It is widely agreed that a fiscal rule should boost discipline and credibility, reduce...

This paper presents and estimates a small open economy dynamic stochastic general-equilibrium...

The recent boom-and-bust cycle in housing prices has refreshed the debate on the drivers of...

This paper develops a two-country DSGE model to investigate the transmission of a global...

This paper presents a new database of systemic banking crises for the period 1970-2009. While...