|
|
|
|
| LEADER |
01819cas a2200253 a 4500 |
| 001 |
AALejournalIMF005222 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781451870312
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Rosenberg, Christoph.
|
| 245 |
1 |
0 |
|a Determinants of Foreign Currency Borrowing in the New Member States of the EU /
|c Christoph Rosenberg, Marcel Tirpak.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2008.
|
| 300 |
|
|
|a 1 online resource (24 pages)
|
| 490 |
1 |
|
|a IMF Working Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a The paper investigates the determinants of foreign currency borrowing by the private sector in the new member states of the European Union. We find that striking differences in patterns of foreign currency borrowing between countries are explained by the loan-to-deposit ratios, openness, and the interest rate differential. Joining the EU appears to have played an important role, by providing direct access to foreign funding, offering hedging opportunities through greater openness, lending credibility to exchange rate regimes, and raising expectations of imminent euro adoption. The empirical evidence suggests that regulatory policies to slow foreign currency borrowing have had only limited success.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 700 |
1 |
|
|a Tirpak, Marcel.
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2008/173
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2008/173/001.2008.issue-173-en.xml
|z IMF e-Library
|