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The IMF Working Papers series is designed to make IMF staff research available to a wide...

This Technical Note reviews crisis management framework in Serbia. In light of the banking crisis...

Knightian uncertainty (ambiguity) implies presence of uninsurable risks. Institutional quality...

This paper outlines a way to estimate transition matrices for use in credit risk modeling with a...

This paper provides detailed empirical evidence on the saving behavior of Irish households using...

Changes to the regulatory system introduced after the financial crisis include not only mandatory...