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sharing. We test this proposition by comparing risk sharing among Eurozone members and members of the Organisation for … members outperform the Eurozone members in terms of short run and long run risk sharing, despite the barriers to risk sharing …
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Economic theory has recently begun to consider the economic impact of narratives. Narrative economics can also be extended to the analysis of the economic-political effect of narratives in the context of the European core-periphery divide, which intensified after the European sovereign-debt...
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monetary unions. On specific points, a comparison is made between the eurozone and the CFA zone. The article then investigates …
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