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The role of remittances in development and economic growth is not well understood. This is partly...

This paper studies how uncertainty about fundamentals contributed to currency crises from both a...

Italian banks are burdened with high levels of nonperforming loans, the cleanup of which depends...

Agency problems within the firm are a significant hindrance to efficiency. We propose trust...

In recent years, term premia have been very low and sometimes even negative. Now, with the United...

We demonstrate empirically that not all capital flows influence exchange rates equally: Capital...