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Since 1947, hyperinflations (by Cagan's definition) in market economies have been rare. Much more...

This paper studies inflation dynamics during 25 historical episodes in advanced economies where...

The United States has seen an improvement in economic activity, driven by consumption, and has...

This paper sets out an implementation plan that responds to the IEO report on the Fund and Aid to...

This paper outlines important lessons for monetary policy. In particular, the role of inflation...

Investigates the macroeconomic challenges for low-income countries created by a surge in aid...