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This paper studies the apparent contradictions between two strands of the literature on the...

This first issue of IMF Staff Papers for 2005 contains 7 papers that discuss: whether output...

The recent experience of the European Economic and Monetary Union (EMU) has stimulated the debate...

This paper analyzes whether uniform tariffs give rise to the highest welfare compared with...

Should donors who are interested in the effectiveness of developmental programs rely on...

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