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The recent global financial crisis was the first in recent history that was triggered by problems...

This paper summarizes a suite of early warning models to assess the probabilities of growth,...

We study the sovereign debt duration chosen by the government in the context of a standard model...

Two striking facts about international capital flows in emerging economies motivate this paper:...

Member countries are routinely faced with a range of shocks that can contribute to higher...

This paper reviews the literature on financial crises focusing on three specific aspects. First,...