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We construct a financial vulnerability indicator that is consistent with the theoretical...

This paper proposes a framework for assessing fiscal sustainability in heavily indebted countries...

Central European accession countries (CECs) are currently considering when to adopt the euro....

This paper examines the issue of whether countries can improve their welfare by coordinating...

This paper examines how the macroeconomic effects of capital controls vary depending on which...

This paper investigates the channels through which debt affects growth, specifically whether debt...