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Browsing ADEMU Working Papers Series by Subject "Financial shock"

Browsing ADEMU Working Papers Series by Subject "Financial shock"

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  • Andrés, Javier; Arce, Óscar; Thomas, Carlos (2016-09)
    We analyze the interaction between fiscal consolidations and private sector deleveraging in an economy inside a monetary union. Pre-existing long-term collateralized private debt - a core ingredient of the deleveraging ...

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