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This paper shows that the result of Ju and Krishna (2002, 2005), i.e., the non-monotonicity in the comparative statics across regimes, disappears, if exporters differ in their productivities, which provides very different predictions about the results of policy changes
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Catastrophic Risk Management, University of California - Berkeley, USA. He is Professor Emeritus of the Annenberg School of … Distinguished Professor of Business Policy. Dr. Mitroff is regarded as one of the founders of the discipline of Crisis Management … and founded and directed the USC Center for Crisis Management. Known for his thinking and writing on a wide range of …
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