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The purpose of this study is demonstrating why entrepreneurs should monitor the broad dollar index. This paper explains the reason why the broad dollar index has become a risk (leverage) gauge since 2008 using the Covered Interest Parity (CIP). CIP can be viewed as a reflection of the shadow...
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the same increase in the dual productivity growth (that is, the difference in productivity growth between the traded and … expected as a consequence of productivity convergence on the basis of the B-S effect …
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