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macroeconomic data drawn from several sources, including the Chinn-Ito index, the World Bank's Worldwide Governance Indicators, and … the World Bank's World Development Indicators, among others, over the period 2010-2018. To measure the de jure openness to …
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The global financial crisis has focused much attention on procyclicality, particularly in the context of a macroprudential framework. This paper reviews a set of prudential measures that can be adopted by national authorities to deal with procyclicality and discusses issues in designing and...
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