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Estimating Equilibrium Exchange Rates for Armenia and Georgia - , Shuang Ding

The paper examines the slowdown of lending by large U.S. banks over the period 2007Q3 - 2009Q2, focusing on: (i) whether capital or liquidity was the binding constraint; (ii) factors influencing banks...

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Estimating Equilibrium Exchange Rates for Armenia and Georgia - , Shuang Ding

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