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This paper investigates the impact of international swap lines on stock returns using data from banks in emerging markets. The analysis shows that swap lines by the Swiss National Bank (SNB) had a positive impact on bank stocks in Central and Eastern Europe. It then highlights the importance of...
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osteuropäischen EU-Beitrittsländern sowie in den USA, Japan und der Schweiz. Anschließend werden die allokativen und distributiven …
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