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This paper analyzes the evolution of volatility and cross-country comovement in output,...

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

This paper studies Mongolia's experience of growth and recovery during the first decade of its...

The paper examines the effects of exchange rate fluctuations on real output and the price level...

We study a monetary, general equilibrium economy in which banks exist because they provide...

This paper provides an overview of diamond mining in sub-Saharan African countries, and explores...