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In this paper I study the effect of imperfect central bank commitment on inflationary outcomes. I...

In this paper, we analyze how lack of credibility and transparency of monetary and fiscal...

The form of bounded rationality characterizing the representative agent is key in the choice of...

As part of its work to help low-income countries manage volatility, the IMF has developed an...

The global expansion is losing speed in the face of a major financial crisis. The slowdown has...

A unique international exercise in information-gathering and analysis An extraordinary confluence...