Foreign Currency Borrowing of Corporations as Carry Trades: Evidence from India
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下载链接：
https://www.nber.org/papers/w28096
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资源简介：
We establish that macroprudential policies limiting capital flows can curb risks arising from corporate foreign currency borrowing in emerging markets. Using detailed firm-level data from India, we show that propensity to issue foreign currency debt for the same firm is higher when the difference in
提供机构：
美国国家经济研究局
创建时间：
2020-11-01
