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| Andreas Hoffmann |
| University of Leipzig |
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| Grimmaische Str. 12 |
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| Leipzig, 04109 |
| Germany |
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| ahoffmann@wifa.uni-leipzig.de |
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| http://www.wifa.uni-leipzig.de/iwp |
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JEL Areas: F3 : International Finance: General E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General |