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Macroeconomic adjustment programs often emphasize the need to protect social spending from cuts, and to protect pro-poor spending in particular. But does this happen in p [...]
2002-05 |
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This paper investigates the monetary interdependence and the money-income relationship between countries under a pegged and a floating exchange rate system during the sam [...]
2002-05 |
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Following the liberalization reforms of the late 80s and early 90s, several emerging market economies have experienced large and persistent trade deficits. This paper foc [...]
2002-05 |
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Is there a fundamental conflict between insulating monetary policy from popular pressures, seen as essential to sound monetary policy, and making policy responsive to the [...]
2002-05 |
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In this paper we propose a modification of the traditional Mundell-Fleming model. The extended model introduces the implications of including the fiscal deficit and inter [...]
2002-11 |
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This paper studies firms’ incentives to invest in environmental R&D under different market structures (Cournot and Bertrand) and environmental policy instruments (e [...]
2002-11 |
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This paper studies the daily stock price reaction to new information of portfolios grouped by size quintiles. To that end, cross-correlations, autocorrelations and Dimson [...]
2002-11 |
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This paper reports regression results identifying the variables influencing a country’s performance in international soccer games. The results reveal that economic, dem [...]
2002-11 |
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The objective of this paper is to quantify the net effect that the massive opening of edge or out-of-town superstores, which took place in Great Britain in the mid-eighti [...]
2002-11 |
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10.
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There is no more important issue in the economics of the family than the impact of parents on the behavior of their children. By providing rewards and imposing constraint [...]
2002-11 |
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