U.S. Dollar Currency Premium in Corporate Bonds /

We isolate a U.S. dollar currency premium by comparing corporate bonds issued in the dollar and the euro by firms o utside t he U .S. a nd e uro a rea. We make s everal empirical observations that dissect the perceived advantage of borrowing in the dollar. First, while the dollar dominates global de...

全面介绍

书目详细资料
主要作者: Caramichael, John
其他作者: Gopinath, Gita, Liao, Gordon
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2021.
丛编:IMF Working Papers; Working Paper ; No. 2021/185
主题:
在线阅读:Full text available on IMF