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Inflation dynamics, as well as its interaction with unemployment, have been puzzling since the...

We use the regime-switching econometric models in Hamilton (1989) and Filardo (1994) to study...

This paper investigates whether Indonesia's recent currency crisis was due to domestic...

This paper identifies turning points for the U.S. business cycle using different time series. The...

Previous early-warning systems (EWSs) for currency crises have relied on models that require a...