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Gevorg Hunanyan develops a model that provides a comprehensive theoretical framework to study the consequences of short-sale constraints on the stability of fin
Restoring Financial Stability
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An insightful look at how to reform our broken financial system The financial crisis that unfolded in September 2008 transformed the United States and world eco
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Financial stability is one of the key tenets of a central bank’s functions. Since the financial crisis of 2007-2009, an area of hot debate is the extent to wh