Do FX Interventions Lead to Higher FX Debt? Evidence from Firm-Level Data

Do FX Interventions Lead to Higher FX Debt? Evidence from Firm-Level Data
Central banks often buy or sell reserves-–-so called FX interventions (FXIs)---to dampen sharp exchange rate movements caused by volatile capital flows. At the same time, these interventions may entail unintended side effects. In this paper, we investigate whether FXIs incentivize firms to take on more unhedged FX debt, thereby increasing... READ MORE...

Publication date: September 2020
ISBN 9781513557663
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: September 2020

PDF

Publication date: September 2020

ePub

Publication date: September 2020

English