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Using the theory of optimal local currency pricing, this paper constructs a structural equation...

Vol. 54, No. 2 includes three notable contributions from the Seventh Jacques Polak Annual...

This paper proposes a theory to explain why a politician delegates policy tasks to a technocrat...

Do the short and medium term adjustment costs associated with trade liberalization influence...

Why do governments issue large amounts of debt? In what sense and for whom is such a policy...

Since the early 1990s, the IMF has been advising countries to shift to the use of indirect...