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Using an adaptation of the Uncovered Interest Parity (UIP) condition, this paper analyzes the...

Over the last decade, GDP growth in emerging Asia was roughly twice as fast as average world...

Probability of default (PD) measures have been widely used in estimating potential losses of, and...

This paper explores the role of exchange rates in emerging economies with inflation-targeting...

A key issue in creating a new currency union is setting the rates to convert national currencies...

A dozen countries had weak institutions in 1960 and yet sustained high rates of growth...