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International financial assistance (loans and grants) can potentially raise recipients' welfare...

Since the early 1990s, the IMF has been advising countries to shift to the use of indirect...

This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in...

Over the last 15 years, the reforms of employment protection legislation (EPL) in European...

This paper studies changes in Canada's monetary policy transmission, associated with the...

The paper analyzes the initial output decline in transition economies by estimating a...