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This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model features a forward-looking benevolent government that needs to decide the optimal fiscal stance given the level of public debt, the cyclical position of the economy, and...
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"Economic growth, inflation, and interest rates have declined in Asia. Sustaining Economic Growth in Asia explores the … monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation … -- Korea -- China -- India -- Indonesia -- Speech by Obstfeld -- Monetary and exchange rate policies for sustained growth in …
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Covid-19 cases-including those related to the Omicron variant-are likely to pose near-term headwinds to growth, the recovery …
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