The global financial crisis and the ensuing Great Recession raised concerns about adjustment fatigue, deflation, currency wars, and secular stagnation that presented a sense of déjà vu: similar concerns had arisen at the time of the Great Depression and at the end of World War II. As with...

The striking turnaround in the Netherlands' economic performance over the past decade and a half has attracted widespread attention. Emerging from deep recession and high unemployment in the early 1980s, the economy shifted to a pace of growth more rapid than that in neighboring economies, and...

Introduction -- Review of macro-micro approaches for evaluating the distributional impacts of macroeconomic reforms [Moataz El-Said] -- Distributional impacts of indirect tax and public pricing reforms: a review of methods and empirical evidence [David Coady] -- Analyzing the impact of trade...