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of those harmed by a crisis of some kind — but enacted after a crisis is under way. This paper analyzes the economics and … politics of “crisis insurance” programs. The analysis helps explain why ex-post insurance is popular, why it tends to be … eliminated, through appropriate standing polices for ex post funding of crisis insurance …
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implementations of the funds concentration effect and the corresponding discriminatory bailout scheme: “random bailout“ and “bailout …
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