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We propose a method for solving and estimating linear rational expectations models that exhibit...

This paper introduces methods that allow analysts to (i) decompose the estimates of unobserved...

The ongoing financial turmoil has triggered a lively debate on ways of containing systemic risk...

The structural model in this paper proposes a micro-founded framework that incorporates an active...

Gender gaps in womens’ economic opportunities—labor market and entrepreneurship—have remained...

In an estimated two-sector New-Keynesian model with durable and nondurable goods, an ...