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Browsing Working Papers CREI (Centre de Recerca en Economia Internacional) by Subject "Financial crises"

Browsing Working Papers CREI (Centre de Recerca en Economia Internacional) by Subject "Financial crises"

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  • Benigno, Gianluca; Fornaro, Luca; Wolf, Martin (2022-03)
    We present a model that reproduces two salient facts characterizing the international monetary system: Fast growing emerging countries i) run current account surpluses, ii) accumulate international reserves and receive net ...

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