Carolin Pflueger
@CarolinPflueger
University of Chicago, Harris School of Public Policy. Research on finance and monetary policy.
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@TheStalwart As one of the authors of the paper, let me caution that the main point is long-term and yields are not everything. In our paper, we state that "China continues to maintain substantial capital controls" and renminbi is "modest in scale compared to the U.S. dollar’s dominance".
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