Cargando…

Determinants of foreign currency borrowing in the new member states of the EU /

The paper investigates the determinants of foreign currency borrowing by the private sector in the new member states of the European Union. We find that striking differences in patterns of foreign currency borrowing between countries are explained by the loan-to-deposit ratios, openness, and the int...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Rosenberg, Christoph B. (Autor), Tirpák, Marcel (Autor)
Autor Corporativo: International Monetary Fund. European Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, European Dept., 2008.
©2008
Colección:IMF working paper ; WP/08/173.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000 a 4500
001 EBOOKCENTRAL_ocn761994404
003 OCoLC
005 20240329122006.0
006 m o d
007 cr un||||a|a||
008 111122s2008 dcua ob i000 0 eng d
040 |a OCLCE  |b eng  |e pn  |c OCLCE  |d CUS  |d OCLCQ  |d OCLCA  |d OCLCQ  |d OCLCA  |d EBLCP  |d E7B  |d CCO  |d OCLCF  |d OCLCQ  |d YDXCP  |d CUS  |d OCLCQ  |d COCUF  |d MERUC  |d MOR  |d PIFPO  |d ZCU  |d OCLCQ  |d U3W  |d STF  |d CEF  |d NRAMU  |d CRU  |d ICG  |d VTS  |d OCLCQ  |d VT2  |d OCLCQ  |d WYU  |d TKN  |d DKC  |d OCLCQ  |d HS0  |d OCL  |d OCLCQ  |d TUHNV  |d OCLCO  |d OCLCQ  |d OCLCO  |d OCLCQ  |d OCLCO 
019 |a 466182781  |a 961591731  |a 962698797 
020 |z 9781451870312 
020 |z 1451870310  |q (Trade Paper) 
029 1 |a AU@  |b 000053013604 
029 1 |a DEBBG  |b BV044066421 
029 1 |a NZ1  |b 15495034 
035 |a (OCoLC)761994404  |z (OCoLC)466182781  |z (OCoLC)961591731  |z (OCoLC)962698797 
037 |b 00013468 
043 |a ec-----  |a ee----- 
050 4 |a HG3881.5.I58  |b W67 no.08/173 
082 0 4 |a 332.15  |2 23 
049 |a UAMI 
100 1 |a Rosenberg, Christoph B.,  |e author. 
245 1 0 |a Determinants of foreign currency borrowing in the new member states of the EU /  |c prepared by Christoph B. Rosenberg and Marcel Tirpák. 
260 |a Washington, D.C. :  |b International Monetary Fund, European Dept.,  |c 2008. 
264 4 |c ©2008 
300 |a 1 online resource (24 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper ;  |v WP/08/173 
500 |a "July 2008." 
504 |a Includes bibliographical references (pages 19-20). 
520 3 |a The paper investigates the determinants of foreign currency borrowing by the private sector in the new member states of the European Union. We find that striking differences in patterns of foreign currency borrowing between countries are explained by the loan-to-deposit ratios, openness, and the interest rate differential. Joining the EU appears to have played an important role, by providing direct access to foreign funding, offering hedging opportunities through greater openness, lending credibility to exchange rate regimes, and raising expectations of imminent euro adoption. The empirical evidence suggests that regulatory policies to slow foreign currency borrowing have had only limited success. 
588 0 |a Print version record. 
505 0 |a I. Introduction; II. Stylized Facts; III. Reasons for Foreign Currency Borrowing-Some Hypotheses; IV. Empirical Estimation; A. Model Structure and Data; B. Estimation Results; V. Conclusions; VI. References; APPENDIX I. Data Sources and Transformations; APPENDIX II. Model Specification and Robustness Tests 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Loans, Foreign  |z Europe, Central  |x Econometric models. 
650 0 |a Loans, Foreign  |z Europe, Eastern  |x Econometric models. 
650 6 |a Prêts étrangers  |z Europe centrale  |x Modèles économétriques. 
650 6 |a Prêts étrangers  |z Europe de l'Est  |x Modèles économétriques. 
650 7 |a Loans, Foreign  |x Econometric models  |2 fast 
651 7 |a Central Europe  |2 fast 
651 7 |a Eastern Europe  |2 fast 
650 7 |a Auslandsverschuldung.  |2 stw 
650 7 |a EU-Staaten (Osteuropa)  |2 stw 
700 1 |a Tirpák, Marcel,  |e author. 
710 2 |a International Monetary Fund.  |b European Department. 
776 0 8 |i Print version:  |a Rosenberg, Christoph B.  |t Determinants of foreign currency borrowing in the new member states of the EU.  |d Washington, D.C. : International Monetary Fund, European Dept., 2008  |w (OCoLC)252258527 
830 0 |a IMF working paper ;  |v WP/08/173. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1607962  |z Texto completo 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1607962 
938 |a ebrary  |b EBRY  |n ebr10369193 
938 |a YBP Library Services  |b YANK  |n 11617741 
994 |a 92  |b IZTAP