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conclude that the Foolproof Way is likely to work well for Japan, which is in a liquidity trap now, as well as for the euro …
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According to ECB (2023) and European Systemic Risk Board (2022), Swedish owner-occupied housing (OOH) was overvalued by about 55% in 2021q2, the largest overvaluation in the EU and EEA; according to European Commission (2023c), by about 30% in 2022. These assessments affect warnings and...
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