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volatility in developing and transition economies, using dynamic panel technique. According to an analysis of variance and … expenditures, consumption and GDP volatilities are the major determinants of macroeconomic volatility. The most influential …
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and it hence lowers the volatility of output. Technological complexity evolves endogenously in response to profit …
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. The new insight is that an expansion in the number of varieties also lowers the volatility of output. This is because …
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The COVID-19 crisis has exacerbated the many challenges that developing and emerging economies are confronted with. Especially in the face of the expected unwinding of emergency policy measures, such as the G20 debt service suspension initiative, and the tightening of monetary conditions to curb...
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