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-bail-out world, the trade-off between financial stability and the cost of capital, the feasibility for central banks to manage their …
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-bail-out world, the trade-off between financial stability and the cost of capital, the feasibility for central banks to manage their …
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the euro-dollar exchange rate, within a three-country, three-currency portfolio model. Our static model shows that the … euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the … shock. -- China ; yuan ; exchange-rate regime ; euro ; dollar …
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