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, contributors and administrators establish a stable interaction with cooperation matching the level from a comparable Public Goods … that cooperation breeds trustworthiness and vice versa and that one-time disruptions are particularly damaging in settings …
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This paper provides an explanation for the observed decline of exchange rate pass-through into import prices by modeling the effects of financial market integration on the optimal choice of the pricing currency in the context of rigid nominal goods prices. Contrary to previous literature, the...
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