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...

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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:
Loans, Foreign > Europe, Central > Econometric models.
Loans, Foreign > Europe, Eastern > Econometric models.
Prêts étrangers > Europe centrale > Modèles économétriques.
Prêts étrangers > Europe de l'Est > Modèles économétriques.
Loans, Foreign > Econometric models
Auslandsverschuldung.
EU-Staaten (Osteuropa)
Central Europe
Eastern Europe
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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

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