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Simple macroeconomic frameworks like the IS/LM have survived because they help us conceptualize...

ECB President Draghi’s Jackson Hole speech in August 2014 arguably marked a new phase of...

A New Keynesian model estimated for India yields valuable insights. Aggregate demand reacts to...

This paper examines the recent behavior of core inflation in the United States. We specify a...

Uphill capital flows constitute a key transmission channel through which reserve accumulation can...

We use two alternative representations of the yield curve to test the functioning of the interest...