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Introduction : time to delve into the genesis, course and accord of trade facilitation -- Free trade is not for free -- Rise of trade facilitation -- An international accord on trade facilitation? -- The long and arduous journey of trade facilitation in the WTO -- Growth of the Agreement on...
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Over the past two decades, financial market crises with similar features have occurred in different regions of the world. Unstable cross-market linkages during a crisis are referred to as financial contagion. We simulate crisis transmission in the context of a model of market participants...
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We present estimates of the term structure of inflation expectations, derived from an affine model of real and nominal yield curves. The model features stochastic covariation of inflation with the real pricing kernel, enabling us to extract a time-varying inflation risk premium. We fit the model...
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