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Dynamic factor models and dynamic stochastic general equilibrium (DSGE) models are widely used...

China''s financial prices are informative enough for the PBC to introduce a monetary policy...

The financial crisis has prompted a reconsideration of the taxation of financial institutions,...

The effects of debt relief on incentives to accumulate debt, consume, and invest are an important...

Despite positive but mixed progress over two decades, most lower income African countries need to...

We study the welfare properties of a New Keynesian monetary economy with an essential role for...