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[...]We address several questions in this paper. First,how could macro markets be useful to the average person?Second, how large are the potential benefits from diversificationif these markets were to be introduced andused optimally? Third, can existing financial marketsachieve a similar degree...
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, centralbanks have made extensive use of both new and existing toolsfor supplying central bank money to financial institutions …
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modelof the behavior of parties, which for simplicity we refer to asbanks. Each bank has particular motivations and …
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