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Contractionary Currency Crashes in Developing Countries

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NBER2005-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11508
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To update a famous old statistic: a political leader in a developing country is almost twice as likely to lose office in the 6 months following a currency crash as otherwise. This difference, which is highly significant statistically, holds regardless whether the devaluation takes place in the
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2005-08-01
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