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Browsing Articles (Departament d'Economia) by Subject "Safe assets"

Browsing Articles (Departament d'Economia) by Subject "Safe assets"

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  • Liu, Yan; Marimon, Ramon; Wicht, Adrien (Elsevier, 2023)
    We develop an optimal design of a Financial Stability Fund that coexists with the international debt market. The sovereign can borrow defaultable bonds on the private international market, while having with the Fund a ...

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