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In this dissertation, I study the changes in external liabilities and assets of emerging market economies since the early-2000s and the following implications of the changes for the financial stability and the optimal policies of the economies. In chapter 1, I construct a dataset, which measures...
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new estimates of US job losses from the China Shock to trade. Chapter 3 updates estimates of Fundamental Equilibrium …. Chapter 7 examines the sustainability of US public debt after the Covid-19 pandemic shock. Chapter 8 examines the … sustainability of public debt in major emerging market economies after the Covid-19 shock." …
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