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References to policy credibility, particularly with regard to fiscal policy, are ubiquitous in...

Why do prices in Spain's regions fail to converge? The prime suspects for this puzzling result...

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic,...

We show in the context of a new economic geography model that when labor is heterogenous trade...

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic,...

Based on a version of the IMF's new Global Economic Model (GEM), calibrated to analyze...