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ASYMMETRIC PRICE RIGIDITY AND INFLATIONARY BIAS
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Timur Kuran
Gorter Family Distinguished Professor of Islamic Studies
Timur Kuran is Professor of Economics and Political Science, and Gorter Family Professor
of Islamic Studies at Duke University. His research focuses on (1) social change,
including the evolution of preferences and institutions, and (2) the economic and
political history and modernization of the Middle East. His current projects include
a study of the role that the Middle East’s traditional institutions played in its
poor political performance, as measured by democratization and human liber
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