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1.
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We analyze how a wealth shift to emerging countries may lead to instability in developed countries. Investors exposed to expropriation risk are willing to pay a safety pr[...]
2015 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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We offer a model of financial intermediaries as safe-asset providers in an international context. Investors from countries exposed to expropriation risk seek to invest in[...]
2021 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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