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The world's best financial minds help us understand today's financial crisis With so much information saturating the …
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led to its spread to the rest of the world. On the theoretical side, we show that capital flows to the United States in …
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The Global Financial Crisis (GFC) changes the relative economic riskiness and risk-adjusted-performance of different asset markets. While the empirical distribution for stock return shifted to the right and became more concentrated around the mean after the GFC, the real estate market...
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