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As the “Volcker shock” is believed to have generated useful information on the effects of...

The paper investigates asymmetry in the allocation of aggregate demand shocks between real output...

The paper proposes a simple, new, analytical framework for assessing the cost and benefits of...

Pacific island countries are highly vulnerable to various natural disasters which are...

Estimates of potential output are an important component of a structured forecasting and policy...

Estimates of potential output are an important ingredient of structured forecasting and policy...