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Fed: Duration of Capital Market Exclusion: An Empirical Investigation
December 13, 2024
WASHINGTON, Dec. 13 (TNSres) -- The Federal Reserve issued the following white paper in December 2024 by Daniel A. Dias, Christine Richmond, and Grant Westfahl entitled "Duration of Capital Market Exclusion: An Empirical Investigation."

Here are excerpts:

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This paper investigates the duration of market exclusion following a sovereign default and its resolution. We employ multiple definitions of market access, differentiating between gross ver . . .

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