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This paper characterizes the term structure of Treasury bond yields for Brazil, and estimates a...

This paper investigates the short-run effects of the 2007-09 global financial crisis on growth in...

We apply a hidden Markov model of the term structure to modeling the Brazilian swap rate curve....

Financial frictions have been identified as key factors affecting economic fluctuations and...

How important is luck in determining labor market outcomes? We address this question using a new...

The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S....