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Each year, around 500,000 children under 5 die from diarrhea, making it the third-leading cause of death in this age group. More than 80 percent of these deaths are attributable to unsafe drinking water. Drinking water can be made safe through dilute chlorine solution, but take-up of this...
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The study involved extending a dynamic general equilibrium neoKeynesian model by considering preferences that exhibit intertemporal nonhomotheticity. Introducing this feature generates a state-dependent intertemporal elasticity of substitution, which induces asymmetric shifts in aggregate demand...
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This paper provides an overview of the reserve requirement measures undertaken by the Central Bank of Peru. It provides a rationale for the use of these instruments as well as empirical evidence of their effectiveness. In general, the results show that tightening reserve requirements has the...
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