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and for a readable lay-persons version with clear graphics see
https://www.ft.com/content/de00fe75-9ba1-4be7-8cf1-6e9fa55f09ce?l
and for a readable lay-persons version with clear graphics see
https://www.ft.com/content/de00fe75-9ba1-4be7-8cf1-6e9fa55f09ce?l
Pre-print:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3777268