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A New Keynesian model allowing for an active monetary and passive fiscal policy (AMPF) regime and...

The introduction of inflation targeting in 2006, together with important economic developments...

Financial frictions have been identified as key factors affecting economic fluctuations and...

The period following the 2000-01 crisis was marked by a successful disinflation program sustained...

Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a...

In the past decade, most of the EU New Member States experienced a severe credit-boom bust cycle....