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Remarks at Queens Chamber of Commerce and Queens Economic Development Corporation, Flushing, New York City.
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quantitatively three potential determinants of the U.S. external imbalances in the last three decades: productivity growth …, demographic factors, and fiscal policy. The results suggest that (1) productivity growth differentials are the main driving force …
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involving U.S. inflation and GDP growth. Empirical results suggest that the number of change points is larger than previously …
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