Why Do Emerging Economies Borrow in Foreign Currency

By Olivier Jeanne. 2003

193 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/047ac737dd5793ce721f4f48b12cf96877868ae0

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Citations in the corpus

Financial Globalization: A Reappraisal (2009, unknown): “Similarly, Jeanne (2003) argues that short-term debt could serve as a useful commitment device to foster good macroeconomic policies, although debt would of course increase vulnerability to external shocks.”
Foreign Participation in Local-Currency Bond Markets (2004, unknown): “They are also consistent with the model of Jeanne (2003), which shows an important role for monetary policy credibility in explaining the currency composition of a country’s debt.”
Financial Crises: Explanations, Types, and Implications (2013, unknown): “Jeanne (2003) argues that short-term (foreign exchange) debt can be a useful commitment device for countries to employ good macroeconomic policies.”
Determinants of Foreign Currency Borrowing in the New Member States of the EU (2008, background): “The rationale behind this is developed by Jeanne (2003), who built a theoretical model describing the determinants of liability dollarization from the perspective of borrowers.”
Capital Inflows, Exchange Rate Flexibility, and Credit Booms (2011, unknown): “See, for example, Rosenberg and Tirpák (2008), and the underlying theoretical model on the determinants of credit dollarization developed by Jeanne (2003).”
Regulating Capital Flows to Emerging Markets: An Externality View (2018, unknown): “5See Jeanne (2003); Tirole (2003); Jeanne (2009) for example.”
Local Currency Bond Markets (2006, unknown): “> Our results are consistent with the model of Jeanne (2003), which shows an important role for monetary policy credibility in explaining the currency composition of a country’s debt.”