Countries need capacity for a variety of reasons, including sustaining economic growth, generating jobs, reducing … capital, and organizational performance, as well as introduces interpretations from co-evolutionary dynamics and the role of …

economics. We then review the economic literature on locus of control and show that people who believe they are in control of …

We present a theoretical framework for policy making based on the "impossible trinity" or the "trilemma" hypothesis. A … estimate the three policy indexes under the trilemma constraint that they must add up to a constant. By applying the seemingly … structural fundamentals determine the trilemma policy combinations. Last, we examine how deviations from the "optimal" trilemma …

episodes have differed. It concludes by considering policy options for the future, including regulatory reform and coordination …

. Results show that opening capital account causes a country to lose its monetary policy independence, and a floating exchange …

This paper studies the international spillovers of US monetary policy shocks on a number of macroeconomic and financial …