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This special issue is devoted to the Global Economy Model (GEM), a dynamic stochastic general...

The First Millennium Development Goal (MDG#1) is to cut the fraction of global population living...

We present a semi-structural model of default risk, which is a function of loan and borrower...

China's household saving rate has increased markedly since the mid-1990s and the age-savings...

In most macroeconomic models, the substitutability between domestic and foreign goods is...

The ongoing financial turmoil has triggered a lively debate on ways of containing systemic risk...