1 “..., and the rest of the world. These areas are assumed to differ only with respect to GDP volatility which...”

2 “... the initial period of fiscal stimulus differs from the multiplier when the stimulus is withdrawn...”

3 “... constant in one country and increase in the other. Our results are robust to different assumptions about...”

4 “... savings and emphasize several results. First, the welfare-based opportunity cost of reserves differs from...”

5 “... steps. First, it estimates the impact that different reforms have on Brazil’s productivity. Second...”