The Foreign Currency Fisher Channel: Evidence from Households
收藏NBER2025-09-01 更新2025-09-20 收录
下载链接：
https://www.nber.org/papers/w34234
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资源简介：
We study how foreign currency debt exposure shapes household adjustment to a large exchange rate depreciation. Using household survey and bank customer data during Hungary's 2008 currency crisis, we find that foreign currency borrowers cut consumption one-for-one with increased debt service,
提供机构：
美国国家经济研究局
创建时间：
2025-09-01
