the shock compared to countries which did not have such preemptive policies in place. We use the episodes of Taper Tantrum … effects where preemptive policies are ex-ante by construction and cannot be put in place as a response to the shock ex …

the shock compared to countries which did not have such pre-emptive policies in place. We use the episodes of Taper … fixed effects where preemptive policies are ex-ante by construction and cannot be put in place as a response to the shock ex …

the shock compared to countries which did not have such preemptive policies in place. We use the episodes of Taper Tantrum … effects where preemptive policies are ex-ante by construction and cannot be put in place as a response to the shock ex …