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possibility of "bubbles" in financial markets, the theory of interest rates, and questions concerning optimal social security …
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programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have … economic efficiency and to impede progress towards higher living standards …
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, efficiency and income distribution. The authors of this book attempt to provide an integrated methodology, hitherto lacking in …
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To what extent has Sub-Saharan Africa's slow economic growth over the past five decades been due to price and trade policies that discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy induced distortions to relative...
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This thesis is concerned with the effects of inflation on output growth and on its determinants. In the first step, ourstudy analyzes two aspects of the inflation–growth relationship. First, it examines the nonlinearity of the relationshipbetween inflation and output growth and identifies...
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