Currency Mismatches, Debt Intolerance and Original Sin: Why They Are Not the Same and Why it Matters
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Recent years have seen the development of a large literature on balance sheet factors in emerging-market financial crises. In this paper we discuss three concepts widely used in this literature. Two of them original sin' and debt intolerance' seek to explain the same phenomenon, namely, the
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美国国家经济研究局创建时间：
2003-10-01
