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We examine the dynamic impact of household borrowing on the trade balance using data from 33 developing countries and … 36 developed countries over the 1980-2017 period. Our findings suggest that the impact of household borrowing on the … trade balance is by and large negative, both in the short and long run. We show that household borrowing’s adverse effects …
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Recent research has found evidence of increasing comovement in CPI inflation rates across industrialised countries. This paper considers whether this can be attributed to greater global integration of product markets. To examine this question, we build a data set of 28 matched product category...
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