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Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View

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NBER2009-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15534
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Foreign currency debt is widely believed to increase risks of financial crisis, especially after being implicated as a cause of the East Asian crisis in the late 1990s. In this paper, we study the effects of foreign currency debt on currency and debt crises and its indirect short and long run
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2009-11-01
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