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This paper provides an explanation for the secular increase in the price of services relative to...

The main objective of this paper is to propose a definition of financial stability that has some...

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and...

This paper examines a number of structural factors affecting the external debt sustainability of...

This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of...

We question the conventional view that it is optimal for government to maintain a stable level of...