Financial Development, Exchange Rate Fluctuations and Debt Dollarization : A Firm-Level Evidence /
This paper examines how financial development influences the debt dollarization of nonfinancial firms in a sample of emerging market economies (EMEs). The macroeconomic channels are identified from an optimal portfolio allocation model and assessed empirically using the accounting information of non...
Autor principal: | |
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Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2019.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2019/168 |
Accés en línia: | Full text available on IMF |