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It is well recognized that mountain ecosystems and their inhabitants are among the most vulnerable to climate change. Measuring the nature and scope of these vulnerabilities remains, however, a work-in-progress. This note develops an analytical framework that builds upon two existing approaches:...
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This paper examines the macroeconomic effects of unexpected, exogenous, simultaneous, temporary cuts to income tax rates in an economy when the government follows a balanced budget fiscal rule and keeps money supply constant, and private agents face constraints on the ability to finance...
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