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This paper explains why EMU countries seem unable or unwilling to undertake structural reforms of...

Whereas the economics discipline possesses a highly refined theoretical apparatus to analyze the...

This paper provides a quantitative exploration of international spillovers of macroeconomic...

Written by Gísli Blöndal, former Advisor in the IMF's Fiscal Affairs Department, the book...

In recent years, the IMF has released a growing number of reports and other documents covering...

This paper tests uncovered interest parity (UIP) using interest rates on longer maturity bonds...