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This paper was presented at the panel session entitled “Risk managers on default probability for prime sovereigns …”, held during the seminar on sovereign risk hosted by the BIS in January 2013.Full publication: "http …://ssrn.com/abstract=2420000" Sovereign Risk: A World Without Risk-Free Assets? …
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A fiscal program that redistributes income from rich to poor individuals indirectly redistributes tax revenues from regions hit by a favorable shock to regions hit by an unfavorable one. Centralized fiscal redistribution has therefore been advocated as a way to insure individuals against...
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A fiscal program that redistributes income from rich to poor individuals indirectly redistributes tax revenues from regions hit by a favorable shock to regions hit by an unfavorable one. Centralized fiscal redistribution has therefore been advocated as a way to insure individuals against...
Persistent link: https://www.econbiz.de/10012473906