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di...first use previous
years’ retained earnings and capital, the decrease of which...
In calibrating the model, we consider two di¤erent magnitudes of the crisis....on using international reserves as a bu¤er stock, part of the manage-
ment of...
In calibrating the model, we consider two di¤erent magnitudes of the crisis....on using international reserves as a bu¤er stock, part of the manage-
ment of...
