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In a liquid financial market, investors are able to sell large blocks of assets without...

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and...

Interest rate pass-through from policy interest rates to market rates and inflation has been...

This paper suggests a strategy designed to make best use of the available quantitative techniques...

We look into Brazil's public sector accounts during the two administrations of President Fernando...

This paper examines the cost of deflation in the context of Japan's ongoing deflationary episode....