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With policy rates near the zero bound, the Bank of Japan (BoJ) has introduced a series of...

When estimating DSGE models, the number of observable economic variables is usually kept small,...

Dynamic factor models and dynamic stochastic general equilibrium (DSGE) models are widely used...

This paper considers how a tax on financial transactions could be applied to three broad and...

Several models establish a positive association between public debt ratios and long-term real...

This paper presents a "second-generation" solvency stress testing framework extending applied...