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This paper investigates economic, political, and institutional constraints to fiscal policy...

In this paper we assess the implications of precautionary savings for global imbalances by...

We document external investment positions among European Union countries at the start of the...

Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a...

This paper presents a detailed analysis of the average fiscal policy responses of oil producing...

The effectiveness of recent fiscal stimulus packages significantly depends on the assumption of...