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This paper identifies factors that contribute to a fast recovery in growth after persistent...

This paper examines the persistence of shocks to the terms of trade, using annual data on 42...

Is over-optimism about a country's future growth perspective good for an economy, or does...

We construct unanticipated government spending shocks for 103 developing countries from 1990 to...

This paper proposes a method for assessing international spillovers from nominal demand shocks....

We describe unique aspects of microstates-they are less diversified, suffer from lumpiness of...