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Over the past two decades, there has been a clear trend toward integrating the regulation and...

If interest rates (country spreads) rise, debt can rapidly be subject to a snowball effect, which...

The Venezuelan Bolivar is pegged to the U.S. dollar and supported by foreign exchange...

This paper studies stylized business cycle properties of household production in four...

While a number of emerging market crises were characterized by widespread contagion during the...

The paper proposes a theoretical argument on the nature of bank lending, based on the idea that,...