A New Index of Currency Mismatch and Systemic Risk /
This paper constructs a new measure of currency mismatch in the banking sector that controls for bank lending to unhedged borrowers. This measure explicitly takes into account the indirect exchange rate risk that banks undertake when they lend to borrowers that will not be able to repay in the event...
| Главный автор: | |
|---|---|
| Другие авторы: | , |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2010/263 |
| Online-ссылка: | Full text available on IMF |