Analyses of the Fear of Floating are based on a misunderstanding of the nomenclature of the IMF’s de jure dataset and as a result have mapped most of the categories to their de facto counterparts in a spurious manner. This study introduces a new dataset of de jure exchange regime...

Phillips and Keynes had very different ideas on the relationship between unemployment and inflation. While the former saw a direct trade-off between the two, the latter saw an indirect cyclical relationship intermediated by liquidity preference. A horserace between mathematical specifications of...