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Federal Reserve Bank of Minneapolis: "Global Flight to Safety, Business Cycles, and the Dollar"
September 13, 2025
MINNEAPOLIS, Minnesota, Sept. 13 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis issued the following Economic Research white paper (No. 799) on September 9, 2025, by Martin Bodenstein, Pablo Cuba Borda, Nils Gornemann, and Ignacio Presno entitled "Global Flight to Safety, Business Cycles, and the Dollar".

Here are excerpts:

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We estimate a two-country DSGE model with macroeconomic and financial data for the U.S. and the rest of the world . . .

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