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We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove...

The experiences of Caribbean Economic Community countries show that exchange rate depreciation in...

Dollarization of liabilities (DL) has emerged as a key factor in explaining the vulnerability of...

Using a panel of 16 emerging markets, the paper finds a small but statistically significant...

The link between monetary policy and asset price movements has been of perennial interest to...

The BOPS Yearbook, usually published in December, contains balance of payments statistics for...