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We study the link between the probability of default implied by Credit Default Swaps (CDS)...

During risk-off episodes, the yen is a safe haven currency and on average appreciates against the...

Recent regulatory efforts, especially in the U.S. and Europe, are aimed at reducing moral hazard...

To mitigate systemic risk, some regulators have advocated the greater use of centralized...

This Selected Issues paper on Mexico presents econometric investigation of the cyclical...

Monetary and Financial Statistics: Compilation Guide is a companion to the IMF's Monetary and...