Search Results for Loss aversion

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This paper studies the relationship between trade policy and food prices. We show that, when...

Many developing economies are often hit by electricity crises either because of supply...

In recent years, portfolio flows to emerging markets have become increasingly large and volatile....

A common assumption in standard economic models is that agents are risk-averse and prudent, and...

We develop a theoretical framework that encompasses four distinct motives for dollarization and...

The IMF Working Papers series is designed to make IMF staff research available to a wide...