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Macroeconomic forecasts are persistently too optimistic. This paper finds that common factors...

We study the long-run relationship between public debt and growth in a large panel of countries....

We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic...

Fluctuations in commodity prices are an important driver of business cycles in small emerging...

We combine some newly developed panel co-integration techniques and common factor analysis to...

The analysis of inflation developments in Belarus is hampered by widespread price controls....