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) to bring about large-scale changes. CSA can often face determined competition from other alliances that oppose large …-scale change or propose alterative large-scale changes. Competition can be related to people's deeply held beliefs arising from … little consideration of competition between CSA involving people's deeply held beliefs. Accordingly, in this paper, a …
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We assess the impact of the Eurosystem's Targeted Long-Term Refinancing Operations (TLTROs) on the lending policies of euro area banks. We first build a theoretical model in which banks compete in the credit and deposit markets. We distinguish between direct and indirect effects. Direct effects...
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