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. These comovements generate large credit risk premia for investment grade firms, which helps address the "credit spread …
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. These comovements generate large credit risk premia for investment grade firms, which helps address the "credit spread …
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Because of the uncertainty about how to model the growth process of our economy, there is still much confusion about which discount rates should be used to evaluate actions having long-lasting impacts, as in the contexts of climate change, social security reforms or large public infrastructures...
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