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...But even so, it will take a long time to develop and become as mature and liquid as US Treasuries,” says Jeffrey Frankel, a former economic adviser to the White House and a professor at Harvard University...
...I was reminded of that possibility when reading a recent analysis by Professors Menzie Chinn at the University of Wisconsin and Jeffrey Frankel of Harvard*....
...But, challenging the consensus view, Menzie Chinn and Jeffrey Frankel of the US’s National Bureau of Economic Research argued in a research paper last year that, if the dollar’s decline continued, the euro...
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