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Until the recent financial crisis, the safety and soundness of financial institutions was...

This paper investigates the impact of the new capital requirements introduced under the Basel III...

We propose a modification to a baseline sovereign default framework that allows us to quantify...

Recoveries that occur in the absence of credit growth are often dubbed miracles and named after...

We analyze trade dynamics following past episodes of financial crises. Using an augmented gravity...

Global merchandise trade sharply declined in late 2008 and early 2009, and some press and...