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Evaluating the Financial Instability Hypothesis : A Positive and Normative Analysis of Leveraged Risk-Taking and Extrapolative Expectations
Seminar
When does Monetary Policy Matter? Not all Policy Statements are Alike
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Bond indexes - 2025-07-14
Income Smoothing in Europe: A Multi-Speed Process
Seminar
Exchange rates (daily parities) - 2025-07-11
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ECB to add new reporting agents to the €STR
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p
Pari passu
Financing clause that grants equal rights to all creditors. The debtor/issuer undertakes to treat all creditors of the same rank equally.
p
Programmability
Characteristic of IT protocols developed on distributed ledgers that enable instructions to be executed automatically when certain pre-defined conditions are met (smart contracts).
r
Real wages
These measure the purchasing power of nominal wages by adjusting the latter for the change in the general price level.