Global Dollar Credit and Carry Trades: A Firm-Level Analysis

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Subordinated Financial Integration and Financialisation in Emerging Capitalist Economies: The Brazilian Experience (2018, background): “…US$ in order to invest in domestic currency assets, taking advantage of both high interest rates and favourable exchange rate movements (Bruno and Shin 2015).33 Again, not only did Brazil’s subordinated financial integration shape the behaviour of domestic economic agents, but it was also the…”
Investor Flows and Fragility in Corporate Bond Funds (2017, background): “, as documented by Bruno and Shin (2015). In the same year, the initial public offerings of equity in the U.”
Corporate debt, firm size and financial fragility in emerging markets (2019, methodology): “One based on world capital flows data (Bussière et al., 2015, and Alfaro et al., 2018) interacted with the time-varying country-specific values of the Chinn-Ito index for financial openness and a second instrument that uses currency weights computedbyBénétrix et al. (2015) to build an exogenous…”