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We infer the role of price expectations in forming the U.S. housing boom in the early-2000s from examining housing … expectation shocks were a prime factor explaining the boom particularly in the Sand States, which experienced unprecedented booms …
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explore how the mining industry has been managed, and wider economic management during boom periods. We find that successive …
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Across the world, researchers and business analysts are closely watching the People’s Republic of China (PRC), especially its recent economic slowdown. The Asia and Pacific region is extremely anxious about the PRC’s slowdown, but the rest of the world has a definite reason to worry about...
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We compare business cycle fluctuations in Sub-Saharan African (SSA) countries vis-a-vis the rest of the world. Our main results are as follows: (i) African economies stand out by their macroeconomic volatility, which is is reflected in the volatility of output and other macro variables; (ii)...
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