The Center and the Periphery: Two Hundred Years of International Borrowing Cycles
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下载链接：
https://www.nber.org/papers/w23975
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资源简介：
A common belief in both academic and policy circles is that cyclical monetary policy in the United States increases the volatility of capital flows to the periphery. More recently, many studies on capital flows also focus on the U.S. Subprime Crisis. These studies emphasize the excessive
提供机构：
美国国家经济研究局
创建时间：
2017-10-01
