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Do politics matter for macroprudential policy? I show that changes to macroprudential regulation exhibit a predictable …
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We study a market with entrepreneurial and workers entry where both entrepreneurs' abilities and workers' qualities are private information. We develop an Agent-Based Computable model to mimic the mechanisms described in a previous analytical model (Boadway and Sato 2011). Then, we introduce the...
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This report argues that, in addition, financial regulation should be robust in the sense of being able to preserve its …
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