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This paper studies a novel type of misallocation of credit between investments of varying...

Effective risk management at central banks is best enabled by a sound framework embedded...

A growing empirical literature has documented significant profit shifting activities by...

This paper proposes a hidden state Markov model (HMM) that incorporates workers’ unobserved labor...

We analyze the impact of exchange of information in tax matters in reducing international tax...

This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a...