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. Against this backdrop, early warning systems are of crucial importance. In this study that focuses on euro area member states …
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. Against this backdrop, early warning systems are of crucial importance. In this study that focuses on euro area member states …
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We quantify the causal link between exchange rate movements and sovereign risk of 16 major emerging market economies (EMEs) by means of structural vector autoregressive models (SVARs) using data from 10/2004 through 12/2016. We apply a novel data based identification approach of the structural...
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