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Browsing ADEMU Working Papers Series by Subject "Redenomination premium"

Browsing ADEMU Working Papers Series by Subject "Redenomination premium"

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  • Kriwoluzky, Alexander; Müller, Gernot J.; Wolf, Martin (2016-04)
    Membership in a currency union is not irreversible. Exit expectations may emerge during sovereign debt crises, because exit allows countries to reduce their liabilities through a currency redenomination. As market participants ...

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