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poverty estimates. This issue of Findings looks at how to use simple cross country comparisons and how to guide measurement of …
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in statistical estimates of international capital flows and monetary aggregates. We examine a variety of measurement …
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Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...
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