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sharp fall in oil revenue combines with foreign exchange rationing to produce a steep rise in inflation. Counterintuitively …, a devaluation of the official exchange rate could temporarily reduce inflation. The model also explains how the hyper …
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that this may have contributed to more elastic aggregate supply in recent years, which is consistent with lower inflation …
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This article estimates the economic size and the impact on government revenues of cigarette smuggling worldwide and formulates economic policies that can be used to effectively address the problem. First, information from various sources are combined and a global map of smuggling routes for...
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