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growth but frequently alongside growing external imbalances. Economists have pointed to rising vulnerabilities, but markets … compressed sovereign bond yields. This paper examines the evidence from the perspective of economists'' vulnerability analysis …
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Harry Dexter White, the principal architect of the international financial system established at the end of the Second World War, was arguably the most important U. S. government economist of the 20th century. His reputation, however, has suffered because of allegations that he spied for the...
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This paper shows how the internal job market for participants in the IMF Economist Program (EPs) could be redesigned to eliminate most of the shortcomings of the current system. The new design is based on Gale and Shapley''s (1962) Deferred Acceptance Algorithm (DAA) and generates an efficient...
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