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Program conditionality and ownership are important considerations in the IMF's current rethinking...

This paper was prepared as part of a euro area macroeconomic model comparisons project. Four...

This paper presents the results of an empirical analysis into monetary policy transmission...

In this paper we examine economic disparities across regions in Russia and offer a theoretical...

This paper presents a model of current account determination, based upon the permanent-income...

This paper reviews briefly the controversy in the literature concerning the speed of adjustment...