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Milton Friedman argued that flexible exchange rates would facilitate external adjustment. Recent...

I study whether firms' reliance on intangible assets is an important determinant of financing...

Monetary aggregates are now much less used as policy instruments as identifying the right measure...

This paper extends the Bayesian Model Averaging framework to panel data models where the lagged...

This paper presents a modeling framework that delivers joint forecasts of indicators of systemic...

This Selected Issues paper examines the risks and structural weaknesses in Bosnia and...