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...

Descripció completa

Dades bibliogràfiques
Autor principal: Caramichael, John
Altres autors: Gopinath, Gita, Liao, Gordon
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2021.
Col·lecció:IMF Working Papers; Working Paper ; No. 2021/185
Matèries:
Accés en línia:Full text available on IMF

Ítems similars