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This paper develops a panel unobserved components model of the monetary transmission mechanism in...

This paper discusses how to enhance automatic stabilizers without increasing the size of...

The current crisis calls for two main sets of policy measures. First, measures to repair the...

The ongoing global turmoil represents a confluence of negative shocks for Latin America and the...

Like any tax, the VAT is vulnerable to evasion and fraud. But its credit and refund mechanism...