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Pursuit of price stability may, but need not, exacerbate output fluctuations. This paper...

This volume examines how independent evaluation contributes to the legitimacy and effectiveness...

Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a...

This paper aims to improve the understanding of U.S. inflation dynamics by separating out...

This paper examines contractionary currency crashes in developing countries. It explores the...

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and...