David W. R. Gruen

Capital Flows and the International Financial System

Proceedings of a Conference

Describes understanding of the causes of financial crises and the best ways to reduce their frequency and severity. Analyses ways in which developing ...

Output Gaps in Real Time

Are They Reliable Enough to Use for Monetary Policy?

The output gap - the difference between actual and potential output - is widely regarded as a useful guide to future inflationary pressures, as well a...

What People Know and what Economists Think They Know

Surveys on Ricardian Equivalence

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