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This paper explores sources of the output collapse in Russia during transition. A modified growth...

Bureaucratically organized systems tend to be less efficient than economies in which agents are...

This paper proposes a measure of the welfare cost of volatitliy derived from an endogenous growth...

China's rapid overall growth since 1978 masks significant differences in relative economic...

This paper estimates core inflation in Norway, identified as that component of inflation that has...

This paper outlines a "modern" approach to managing risks in cross-border capital movements that...