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This paper develops a simple model of international lending, and calibrates it to assess...

Do foreign-educated individuals play a role in promoting democracy in their home countries?...

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

Several papers argue that debt crises can be the result of self-fulfilling expectations that no...

Sizable risk capital from outside may be necessary to accelerate Japan's corporate restructuring...

Recent regulatory initiatives in the United States have again raised the issue of a 'level...