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This paper examines the behavior of indebtedness, consumption, and asset prices in a small open...

The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region DSGE modeldeveloped by...

This paper develops a small open economy dynamic stochastic general-equilibrium model with...

This paper develops a framework for analyzing macro-financial linkages in the United States. We...

This paper links the current sub-prime mortgage crisis to a decline in lending standards...

This paper evaluates policy alternatives to achieve permanent fiscal consolidation in Hungary,...