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. The paper contributes to the debate shedding light on the controversial relation between risk-diversification and … setting and by a mean-field approximation the law of motion of the system's fragility is derived. We show that diversification …
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From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery …. An event study of this episode provides important insights for Emerging Market investment and Russia's medium … conditions. Together with persistent commitment towards international integration this heralds a long-term convergence of Russia …
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