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Many central banks target an inflation rate near two percent. This essay argues that policymakers...

This paper contributes to the current debate on what role financial stability considerations...

How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to...

Central banks may operate perfectly well without capital as conventionally defined. A large...

The evidence on the inflation impact of aging is mixed, and there is no evidence regarding the...

This Background Paper on the United States examines the effect of fiscal deficit reduction in the...