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

India's fiscal problem has deep roots in its federal fiscal system, where multiple players find...

This paper provides empirical evidence that the quality of regulatory governance-governance...

Program conditionality and ownership are important considerations in the IMF's current rethinking...

This paper studies a principal-agent model of the relationship between an incumbent officeholder...

Structural indicators of a country's fiscal position are regularly used as estimates of both...