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The Financial Crisis and The Geography of Wealth Transfers

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NBER2011-08-01 更新2025-01-04 收录
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This paper studies the geography of wealth transfers during the 2008 global financial crisis. We construct valuation changes on bilateral external positions in equity, direct investment and portfolio debt at the height of the crisis to map who benefited and who lost on their external exposure. We

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2011-08-01
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