S Claro, C Soto - BIS Paper, 2013 - papers.ssrn.com
In this paper we review Chile's experience with exchange rate flexibility since the early 2000s. Since the abandonment of the target zone for the exchange rate at the end of the …
M Brown, S Ongena, P Yeşin - Comparative Economic Studies, 2014 - Springer
We model how an information asymmetry between the lending bank and the applying firm about the currency structure of firm revenues may affect loan currency choice. Our …
S Ongena, P Yesin, M Brown - European Banking Center …, 2013 - papers.ssrn.com
We model how an information asymmetry between the lending bank and the applying firm about the currency structure of firm revenues may affect loan currency choice. Our …
We examine the firm-and country-level determinants of the currency denomination of small business loans. We first model the choice of loan currency in a framework which features a …