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This paper investigates the short-term effects of fiscal consolidation on economic activity in...

Most central banks oblige depository institutions to hold minimum reserves against their...

The Great Recession pushed Japan's unemployment rate to historic highs, but the increase has been...

Conventional VAR and non-VAR methods of identifying the effects of monetary policy shocks on the...

The period following the 2000-01 crisis was marked by a successful disinflation program sustained...