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This paper presents the first assessment domestic market integration in Brazil using the law of...

For more than a decade, growth in Germany has been subdued and uneven. This paper introduces the...

This paper develops a model of an open economy which employs distortionary taxes to finance...

This paper examines the policy implications of structural changes in financial markets. Domestic...

This paper interprets contagion effects as an increase in the volatility of aggregate shocks...

Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international...