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This last issue for 2005 comprises seven new papers, including a contribution to the journal's...

One approach to oil markets is to treat oil as an asset, besides its role as a commodity....

The paper examines the effects of aid and its volatility on consumption, investment, and the...

Economic adjustment and reform programs, including those supported by international financial...

Assessing financial systems' stability has required the IMF to dig deeper into financial sector...

Option prices provide valuable information on market expectations. This paper attempts to extract...