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		| Romain  Bocher  | 
	
	
		| Groupama Asset Management | 
	
	
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		| 24 rue Eugène Millon | 
	
	
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		| Paris,   | 
	
	
		| France | 
	
	
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		| bocher_romain@yahoo.fr | 
	
	
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		JEL Areas: G1 : General Financial Markets: General (includes Measurement and Data) E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General |