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We examine whether Mexico's disinflation experience during 1987-94 fits a widely accepted set of...

After 25 years, the Colombian authorities decided to abandon the crawling peg exchange rate...

The trade-off between interest rate variability and the width of an exchange rate target zone is...

Fiscal stimulus was widely advocated during the global crisis, a period characterized by monetary...

I model deflation, at zero nominal interest rate, in a microfounded general equilibrium model. I...

Under the assumption of no arbitrage exchange rate target zone credibility is tested by whether...