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Introducing habit formation into an open economy macroeconomic model with price stickiness, we...

In a number of oil producing countries, oil revenue accounts for the majority of government...

While models based on Friedman's (1957) permanent-income hypothesis can provide oilproducing...

This paper studies how fiscal policy affects loan market conditions in the US. First, itconducts...

The note gives statistical data on Aruba with regard to indicators of tourism activity,...

In recent years, the IMF has released a growing number of reports and other documents covering...