The Non-U.S. Bank Demand for U.S. Dollar Assets /
The USD asset share of non-U.S. banks captures the demand for dollars by these investors. An instrumental variable strategy identifies a causal link from the USD asset share to the USD exchange rate. Cross-sectional asset pricing tests show that the USD asset share is a highly significant pricing fa...
| Main Author: | Adrian, Tobias |
|---|---|
| Other Authors: | Xie, Peichu |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2020.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2020/101 |
| Online Access: | Full text available on IMF |
Similar Items
-
Official Demand for U.S. Debt : Implications for U.S. Real Interest Rates /
by: Kaminska, Iryna
Published: (2014) -
U.S. Dollar Dynamics : How Important Are Policy Divergence and FX Risk Premiums? /
by: Balakrishnan, Ravi
Published: (2016) -
The U.S. Dollar and the Trade Deficit : What Accounts for the Late 1990's? /
by: Hunt, Benjamin
Published: (2003) - U.S. Banker
-
The U.S. Senate
by: Burdett Loomis