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May 27, 2016

Determinants of long-term interest rates

The nominal long-term interest rate decreased in the past decades due to the decrease in (expected) inflation and in potential growth and due to changes in the age structure of the population.

May 1, 2015

Literature survey on the theoretical explanations and empirical determinants of current account balances

From the theoretical literature, we find that there are several explanations to account for persistent surpluses.

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