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This paper empirically explores how fiscal policy (represented by increases in government...

This paper is the first attempt to look at inflation dynamics and monetary transmission...

This paper presents an empirical measure of disinflation credibility and discusses its evolution...

Interest rate pass-through from policy interest rates to market rates and inflation has been...

Numerous reports have noted that the IMF's medium-term growth projections are overly optimistic,...

This paper investigates the main postulations of the R&D based growth models that innovation is...