La cotation des entreprises est utilisée pour les besoins de la politique monétaire, pour l'analyse des risques sur les entreprises, pour le calcul des besoins en fonds propres des établissements de c
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While the opening of the bond market provides strong support for high-level financial opening, it also accelerates the accumulation of systemic financial risks, thereby affecting the high-quality deve
This paper characterizes the equilibrium dynamics in an economy facing an aggregate debt ceiling. This borrowing limit is intended to capture an environment in which foreign investors base their lendi