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...
| Yazar: | Caramichael, John |
|---|---|
| Diğer Yazarlar: | Gopinath, Gita, Liao, Gordon |
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2021/185 |
| Konular: | |
| Online Erişim: | Full text available on IMF |
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