Search Results for Profitability

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We introduce local and foreign investors in a simple model of speculative attacks. Local...

The paper shows that a coinsurance arrangement among countries can, in principle, play a useful...

We question the conventional view that it is optimal for government to maintain a stable level of...

This paper articulates a logical foundation-drawn from disparate literatures-for understanding...

This paper provides a unified analysis for the onset of the 1998 financial crisis and the strong...

The issue of whether government capital is productive has received a great deal of recent...