Macroprudential FX regulations: Shifting the snowbanks of FX vulnerability?
© 2020 We use a new data set on macroprudential foreign exchange (FX) regulations to evaluate their effectiveness and unintended consequences. Our results support the predictions of a model in which banks and markets lend in different currencies, but only banks can screen firm productivity. Regulati...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier BV,
2022-07-29T15:33:22Z.
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Subjects: | |
Online Access: | Get fulltext |