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The objective of this paper is to provide a retrospective assessment of our ability to have...

The workhorse open-economy macro model suggests that capital inflows are contractionary because...

We revisit the conventional view that output fluctuates around a stable trend by analyzing...

The paper studies the setting of optimal fiscal policy in a second-best world with environmental...

This paper reviews recent literature on the macroeconomic effects of environmental taxes. It...

This paper examines the general relationship between stock prices and macroeconomic variables in...