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Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has...

Based on China's experience between 1980 and 2002, a cointegrated vector autoregression model was...

This paper examines the effects of trade costs on macroeconomic volatility. We first construct a...

This paper reviews the international business cycle among Group of Seven (G-7) countries since...

This paper investigates the extent to which output has recovered from the Asian crisis. A...

This paper examines the impact of international financial integration on macroeconomic volatility...