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run role of excess liquidity (that we estimate endogeneously) for inflation is taken into account. -- output gap … ; liquidity ; state space models …
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The true story of how risk destroys, as told through the ongoing saga of AIG. From the collapse of Bear Stearns and Lehman Brothers, the subject of the financial crisis has been well covered. However, the story central to the crisis-that of AIG-has until now remained largely untold. Fatal Risk:...
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