create a website

Do FX interventions lead to higher FX debt? Evidence from firm-level data. (2024). Mano, Rui ; Kim, Minsuk ; Mrkaic, Mico.
In: Journal of International Money and Finance.
RePEc:eee:jimfin:v:148:y:2024:i:c:s0261560624001475.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 67

References cited by this document

Cocites: 33

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Adler, Gustavo ; Chang, Kyun S. ; Mano, Rui C. ; Shao, Yuting Foreign exchange intervention: a dataset of public data and proxies. 2021 :

  2. Adler, Gustavo ; Lisack, Noëmie ; Mano, Rui C. Unveiling the effects of foreign exchange intervention: a panel approach. 2019 Emerg. Mark. Rev.. 40 -

  3. Adler, Gustavo ; Mano, Rui C. The cost of foreign exchange intervention: concepts and measurement. 2018 J. Macroecon.. -
    Paper not yet in RePEc: Add citation now
  4. Adler, Gustavo, Casas, Camila, Cubeddu, Luis, Gopinath, Gita, Li, Nan, Meleshchuk, Sergii, Osorio Buitron, Carolina, Puy, Damien, Timmer, Yannick, 2020. Dominant currencies and external adjustment.

  5. Adler, Michael ; Dumas, Bernard Exposure to currency risk: definition and measurement. 1984 Financ. Manag.. 13 41-50
    Paper not yet in RePEc: Add citation now
  6. Adrian, Tobias ; Erceg, Christopher J. ; Lindé, Jesper ; Zabczyk, Pawel ; Zhou, Jianping A conceptual model for the integrated policy framework. 2020 :
    Paper not yet in RePEc: Add citation now
  7. Allayannis, George ; Brown, Gregory W. ; Klapper, Leora F. Capital structure and financial risk: evidence from foreign debt use in East Asia. 2003 J. Finance. 58 2667-2710

  8. Angkinand Prabha, Apanard ; Willett, Thomas D. Exchange rate regimes and banking crises: the channels of influence investigated. 2011 Int. J. Financ. Econ.. 16 256-274

  9. Avdjiev, Stefan ; Chui, Michael ; Shin, Hyun Song Non-financial corporations from emerging market economies and capital flows. 2014 :

  10. Basu, Suman S. ; Boz, Emine ; Gopinath, Gita ; Roch, Francisco ; Unsal, Filiz D. A conceptual model for the integrated policy framework. 2020 :

  11. Bayoumi, Tamim ; Gagnon, Joseph ; Saborowski, Christian Official financial flows, capital mobility, and global imbalances. 2015 J. Int. Money Financ.. 52 146-174

  12. Blanchard, Olivier ; Adler, Gustavo ; de Carvalho Filho, Irineu Can foreign exchange intervention stem exchange rate pressures from global capital flow shocks?. 2015 National Bureau of Economic Research:

  13. Bocola, Luigi ; Lorenzoni, Guido Financial crises, dollarization, and lending of last resort in open economies. 2020 Am. Econ. Rev.. 110 2524-2557

  14. Bruno, Valentina ; Shin, Hyun Song Cross-border banking and global liquidity. 2015 Rev. Econ. Stud.. 82 535-564

  15. Bruno, Valentina ; Shin, Hyun Song Global dollar credit and carry trades: a firm-level analysis. 2017 Rev. Financ. Stud.. 30 703-749

  16. Burnside, Craig ; Eichenbaum, Martin ; Rebelo, Sergio Hedging and financial fragility in fixed exchange rate regimes. 2001 Eur. Econ. Rev.. 45 1151-1193

  17. Caballero, Ricardo J. ; Krishnamurthy, Arvind Excessive dollar debt: financial development and underinsurance. 2003 J. Finance. 58 867-893

  18. Calvo, Guillermo A. ; Reinhart, Carmen M. Fear of floating. 2002 Q. J. Econ.. 117 379-408
    Paper not yet in RePEc: Add citation now
  19. Calvo, Guillermo A. ; Reinhart, Carmen M. Fixing for your life. 2001 En : Collins, Susan ; Rodrik, Dani Brookings Trade Forum 2000. Brookings Institution:

  20. Céspedes, Luis Felipe ; Chang, Roberto ; Velasco, Andrés Balance sheets and exchange rate policy. 2004 Am. Econ. Rev.. 94 1183-1193

  21. Chinn, Menzie D. ; Ito, Hiro What matters for financial development? Capital controls, institutions, and interactions. 2006 J. Dev. Econ.. 81 163-192

  22. Cowan, Kevin ; Hansen, Erwin ; Herrera, Luis Oscar Currency mismatches, balance sheet effects and hedging in Chilean non-financial corporations. 2005 Central Bank of Chile:

  23. Csonto, Balazs ; Gudmundsson, Tryggvi Destabilizing stability? Exchange rate arrangements and foreign currency debt. 2020 International Monetary Fund:

  24. Daude, Christian ; Yeyati, Eduardo Levy ; Nagengast, Arne J. On the effectiveness of exchange rate interventions in emerging markets. 2016 J. Int. Money Financ.. 64 239-261
    Paper not yet in RePEc: Add citation now
  25. Domaç, Ilker ; Martinez Peria, Maria Banking crises and exchange rate regimes: is there a link?. 2003 J. Int. Econ.. 61 41-72

  26. Dooley, Michael A model of crises in emerging markets. 2000 Econ. J.. 110 256-272

  27. Du, Wenxin, Schreger, Jesse, 2017. Sovereign risk, currency risk, and corporate balance sheets.
    Paper not yet in RePEc: Add citation now
  28. Eichengreen, Barry ; Hausmann, Ricardo ; Panizza, Ugo The mystery of original sin. 2005 En : Eichengreen, Barry ; Hausmann, Ricardo Other People's Money. University of Chicago Press:
    Paper not yet in RePEc: Add citation now
  29. Fratzscher, Marcel ; Gloede, Oliver ; Menkhoff, Lukas ; Sarno, Lucio ; Stöhr, Tobias When is foreign exchange intervention effective? Evidence from 33 countries. 2019 Am. Econ. J. Macroecon.. 11 132-156

  30. Galindo, Arturo ; Panizza, Ugo ; Schiantarelli, Fabio Debt composition and balance sheet effects of currency depreciation: a summary of the micro evidence. 2003 Emerg. Mark. Rev.. 4 330-339

  31. Ghosh, Atish ; Gulde, Anne-Marie ; Wolf, Holger C. Exchange Rate Regimes: Choices and Consequences. 1. 2003 The MIT Press:

  32. Ghosh, Atish ; Ostry, Jonathan ; Qureshi, Mahvash Exchange rate management and crisis susceptibility: a reassessment. 2015 IMF Econ. Rev.. 63 238-276

  33. Hassan, Tarek A. ; Mertens, Thomas M. ; Zhang, Tony Currency manipulation. 2019 :
    Paper not yet in RePEc: Add citation now
  34. Hausmann, Ricardo ; Panizza, Ugo Redemption or abstinence? Original sin, currency mismatches and counter cyclical policies in the new millennium. 2011 J. Glob. Dev.. 2 1-35

  35. Hausmann, Ricardo ; Panizza, Ugo ; Stein, Ernesto Why do countries float the way they float?. 2001 J. Dev. Econ.. 66 387-414

  36. Hofmann, Boris ; Shin, Hyun Song Fx intervention and domestic credit: Evidence from high-frequency micro data. 2019 Bank for International Settlements:

  37. Ilzetzki, Ethan ; Reinhart, Carmen ; Rogoff, Kenneth Exchange arrangements entering the 21st century: Which anchor will hold?. 2017 Harvard University OpenScholar:

  38. IMF, Facing the tides: Managing capital flows in Asia. 2019 Asia and Pacific Department, International Monetary Fund:
    Paper not yet in RePEc: Add citation now
  39. International Monetary Fund, Assessing Reserve Adequacy. 2013 :
    Paper not yet in RePEc: Add citation now
  40. International Monetary Fund, Challenges for Monetary Policy in Emerging Economies as Global Financial Conditions Normalize. 2018 :
    Paper not yet in RePEc: Add citation now
  41. Ize, Alain ; Yeyati, Eduardo Levy Financial dollarization. 2003 J. Int. Econ.. 59 323-347

  42. Jeanne, Olivier Why do Emerging Economies Borrow in Foreign Currency?. 2003 International Monetary Fund:

  43. Kamil, Herman How do exchange rate regimes affect firms' incentives to hedge currency risk? Micro evidence for Latin America. 2012 International Monetary Fund:

  44. Kim, Minsuk Financial development, exchange rate fluctuations and debt dollarization: a firm-level evidence. 2019 International Monetary Fund:

  45. King, Robert G. ; Levine, Ross Finance and growth: Schumpeter might be right. 1993 Q. J. Econ.. 108 717-737

  46. Levy-Yeyati, Eduardo ; Sturzenegger, Federico Classifying exchange rate regimes: deeds vs. words. 2005 Eur. Econ. Rev.. 49 1603-1635

  47. Levy-Yeyati, Eduardo ; Sturzenegger, Federico To float or to fix: evidence on the impact of exchange rate regimes on growth. 2003 Am. Econ. Rev.. 93 1173-1193

  48. Magud, Nicolas ; Reinhart, Carmen ; Vesperoni, Esteban R. Capital inflows, exchange rate flexibility and credit booms. 2014 Rev. Dev. Econ.. 18 415-430

  49. Martinez, Lorenza ; Werner, Alejandro The exchange rate regime and the currency composition of corporate debt: the Mexican experience. 2002 J. Dev. Econ.. 69 315-334

  50. McCauley, Robert N. ; McGuire, Patrick ; Sushko, Vladyslav Dollar credit to emerging market economies. 2015 :

  51. McDonald, John F. ; Moffitt, Robert A. The uses of Tobit analysis. 1980 Rev. Econ. Stat.. 62 318-321

  52. Mendoza, Enrique ; Terrones, Marco An anatomy of credits booms and their demise. 2012 J. Econ. Chil. (Chilean Econ.). 15 -

  53. Mishkin, Frederic S. Understanding Financial Crises: A Developing Country Perspective. 1996 National Bureau of Economic Research, Inc.:

  54. Mohanty, Madhusudan S. Market volatility and foreign exchange intervention in emes: what has changed?. 2013 :

  55. Mohanty, Madhusudan S. ; Turner, Philip Intervention: what are the domestic consequences?. 2005 En : Bank for International Settlements, Foreign Exchange Market Intervention in Emerging Markets: Motives, Techniques and Implications. Bank for International Settlements:

  56. Montoro, Carlos ; Ortiz, Marco The portfolio balance channel of capital flows and foreign exchange intervention in a small open economy. 2023 J. Int. Money Financ.. -

  57. Obstfeld, Maurice The global capital market: benefactor or menace?. 1998 J. Econ. Perspect.. 12 9-30

  58. Obstfeld, Maurice ; Shambaugh, Jay C. ; Taylor, Alan M. Financial stability, the trilemma, and international reserves. 2010 Am. Econ. J. Macroecon.. 2 57-94

  59. Papke, Leslie ; Wooldridge, Jeffrey Panel data methods for fractional response variables with an application to test pass rates. 2008 J. Econom.. 145 121-133

  60. Parsley, David ; Popper, Helen Exchange rate pegs and foreign exchange exposure in East and South East Asia. 2006 J. Int. Money Financ.. 25 992-1009

  61. Patel, Nikhil ; Cavallino, Paolo Fx intervention: goals, strategies and tactics. 2019 En : Bank for International Settlements, Reserve Management and FX Intervention. Bank for International Settlements:

  62. Patnaik, Ila ; Shah, Ajay Does the currency regime shape unhedged currency exposure?. 2010 J. Int. Money Financ.. 29 760-769

  63. Reinhart, Carmen Mirage of floating exchange rates. 2000 Am. Econ. Rev.. 90 65-70

  64. Salomao, Juliana ; Varela, Liliana Exchange Rate Exposure and Firm Dynamics. 2018 :

  65. Sebnem Kalemli-Ozcan, Amanda Liu ; Shim, Ilhyock Exchange rate appreciations and corporate risk taking. 2018 :

  66. Tong, Hui ; Wei, Shang-Jin Endogenous corporate leverage response to a safer macro environment: the case of foreign exchange reserve accumulation. 2019 National Bureau of Economic Research, Inc.:

  67. Ye, Min ; Hutson, Elaine ; Muckley, Cal Exchange rate regimes and foreign exchange exposure: the case of emerging market firms. 2014 Emerg. Mark. Rev.. 21 156-182

Cocites

Documents in RePEc which have cited the same bibliography

  1. Foreign exchange intervention and capital flow measures under external tail risks. (2025). Pienknagura, Samuel ; Magud, Nicolas.
    In: Emerging Markets Review.
    RePEc:eee:ememar:v:65:y:2025:i:c:s1566014124001407.

    Full description at Econpapers || Download paper

  2. The RMBs global role as an anchor currency: No evidence. (2024). Ronkko, Risto ; Heimonen, Kari.
    In: BOFIT Discussion Papers.
    RePEc:zbw:bofitp:290408.

    Full description at Econpapers || Download paper

  3. Chinas footprint in global financial markets. (2024). Manu, Ana-Simona ; van Robays, Ine ; Lodge, David.
    In: BOFIT Discussion Papers.
    RePEc:zbw:bofitp:283609.

    Full description at Econpapers || Download paper

  4. Uncovering CIP Deviations in Emerging Markets: Distinctions, Determinants, and Disconnect. (2024). Zhou, Haonan ; Cerutti, Eugenio.
    In: IMF Economic Review.
    RePEc:pal:imfecr:v:72:y:2024:i:1:d:10.1057_s41308-023-00222-x.

    Full description at Econpapers || Download paper

  5. Is Foreign Exchange Intervention through derivative instruments effective? An analysis of the Peruvian case. (2024). Salcedo, Flavio Abanto.
    In: IHEID Working Papers.
    RePEc:gii:giihei:heidwp17-2024.

    Full description at Econpapers || Download paper

  6. Drivers of Dollar Share in Foreign Exchange Reserves. (2024). Goldberg, Linda ; Hannaoui, Oliver Zain.
    In: Staff Reports.
    RePEc:fip:fednsr:97928.

    Full description at Econpapers || Download paper

  7. Do FX interventions lead to higher FX debt? Evidence from firm-level data. (2024). Mano, Rui ; Kim, Minsuk ; Mrkaic, Mico.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:148:y:2024:i:c:s0261560624001475.

    Full description at Econpapers || Download paper

  8. Blowing against the Wind? a narrative approach to central Bank foreign exchange intervention. (2024). Naef, Alain.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:146:y:2024:i:c:s0261560624001165.

    Full description at Econpapers || Download paper

  9. UIP deviations: Insights from event studies. (2024). Romero, Damian ; Claro, Sebastian ; Ceballos, Luis ; Albagli, Elias.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:148:y:2024:i:c:s0022199624000011.

    Full description at Econpapers || Download paper

  10. Capital Controls in Emerging and Developing Economies and the Transmission of U.S. Monetary Policy. (2023). Rogers, John ; Ha, Jongrim ; Liu, Haiqin.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:10582.

    Full description at Econpapers || Download paper

  11. The effectiveness of macroprudential policies in managing extreme capital flow episodes. (2023). Hollander, Hylton ; van Lill, Dawie ; de Villiers, David.
    In: Working Papers.
    RePEc:sza:wpaper:wpapers382.

    Full description at Econpapers || Download paper

  12. Official Intervention, Reserve Accumulation and Exchange Rate Volatility. (2023). Ramachandran, M.
    In: Journal of Quantitative Economics.
    RePEc:spr:jqecon:v:21:y:2023:i:2:d:10.1007_s40953-023-00344-z.

    Full description at Econpapers || Download paper

  13. Foreign Exchange Intervention: A New Database. (2023). Heidland, Tobias ; Sarno, Lucio ; Menkhoff, Lukas ; Fratzscher, Marcel ; Schmeling, Maik.
    In: IMF Economic Review.
    RePEc:pal:imfecr:v:71:y:2023:i:4:d:10.1057_s41308-022-00190-8.

    Full description at Econpapers || Download paper

  14. Trilemma revisited with dollar dominance in trade and finance. (2023). Dovonou, Vanessa Olakemi.
    In: Working Papers.
    RePEc:inf:wpaper:2023.05.

    Full description at Econpapers || Download paper

  15. Foreign exchange intervention and the Dutch disease under incomplete information. (2023). Olanubi, Sijuola.
    In: The Journal of Economic Asymmetries.
    RePEc:eee:joecas:v:28:y:2023:i:c:s1703494923000300.

    Full description at Econpapers || Download paper

  16. Original sin redux and deviations from covered interest parity. (2023). Zheng, Huanhuan.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:139:y:2023:i:c:s0261560623001687.

    Full description at Econpapers || Download paper

  17. Capital controls and foreign reserves against external shocks: Combined or alone?. (2023). Monnet, Eric ; CEZAR, Rafael.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:137:y:2023:i:c:s0261560623001079.

    Full description at Econpapers || Download paper

  18. A Gordon growth formula for wealth-income ratios and its implications on cross-country differences. (2023). Nilsen, Jeffrey ; Kim, Daehwan.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:58:y:2023:i:pd:s1544612323009819.

    Full description at Econpapers || Download paper

  19. Policy packages and policy space: Lessons from COVID-19☆. (2023). Forbes, Kristin ; Bergant, Katharina.
    In: European Economic Review.
    RePEc:eee:eecrev:v:158:y:2023:i:c:s0014292123001289.

    Full description at Econpapers || Download paper

  20. On the effectiveness of foreign exchange reserves during the 2021-22 U.S. monetary tightening cycle. (2023). Uddin, Gazi ; Saadaoui, Jamel ; Aizenman, Joshua ; Ahmed, Rashad.
    In: Economics Letters.
    RePEc:eee:ecolet:v:233:y:2023:i:c:s0165176523003920.

    Full description at Econpapers || Download paper

  21. China’s footprint in global financial markets. (2023). Manu, Ana-Simona ; van Robays, Ine ; Lodge, David.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20232861.

    Full description at Econpapers || Download paper

  22. Blowing against the Wind? A Narrative Approach to Central Bank Foreign Exchange Intervention. (2023). Naef, Alain.
    In: Working papers.
    RePEc:bfr:banfra:911.

    Full description at Econpapers || Download paper

  23. Blowing against the Wind? A Narrative Approach to Central Bank Foreign Exchange Intervention. (2022). Naef, Alain.
    In: SocArXiv.
    RePEc:osf:socarx:u59gc_v1.

    Full description at Econpapers || Download paper

  24. Blowing against the Wind? A Narrative Approach to Central Bank Foreign Exchange Intervention. (2022). Naef, Alain.
    In: SocArXiv.
    RePEc:osf:socarx:u59gc.

    Full description at Econpapers || Download paper

  25. Once bitten, twice bold? Early life tragedy and central bankers’ reaction to COVID-19. (2022). Farvaque, Etienne ; ASLAM, Maqsood.
    In: Post-Print.
    RePEc:hal:journl:hal-03267518.

    Full description at Econpapers || Download paper

  26. Economic integration and exchange market pressure in a policy uncertain world. (2022). Phylaktis, Kate ; Aftab, Muhammad.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:128:y:2022:i:c:s0261560622001048.

    Full description at Econpapers || Download paper

  27. Common and idiosyncratic movements in Latin-American exchange rates. (2022). Romero, José ; Gamboa-Estrada, Fredy.
    In: International Economics.
    RePEc:eee:inteco:v:171:y:2022:i:c:p:174-190.

    Full description at Econpapers || Download paper

  28. The stealth erosion of dollar dominance and the rise of nontraditional reserve currencies. (2022). Eichengreen, Barry ; Arslanalp, Serkan ; Simpson-Bell, Chima.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:138:y:2022:i:c:s0022199622000885.

    Full description at Econpapers || Download paper

  29. Once bitten, twice bold? Early life tragedy and central bankers’ reaction to COVID-19. (2022). Farvaque, Etienne ; ASLAM, Maqsood.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:44:y:2022:i:c:s1544612321001410.

    Full description at Econpapers || Download paper

  30. Patterns of foreign exchange intervention under inflation targeting. (2021). Adler, Gustavo ; Wang, Zijiao ; Chang, Kyun Suk.
    In: Latin American Journal of Central Banking (previously Monetaria).
    RePEc:eee:lajcba:v:2:y:2021:i:4:s2666143821000259.

    Full description at Econpapers || Download paper

  31. Capital Controls and Foreign Reserves against External Shocks: Combined or Alone?. (2021). Monnet, Eric ; CEZAR, Rafael.
    In: Working papers.
    RePEc:bfr:banfra:849.

    Full description at Econpapers || Download paper

  32. Los determinantes de la liquidez en Colombia: un análisis del mercado de divisas de contado. (2021). Gamboa-Estrada, Fredy ; Castaeda-Arevalo, David.
    In: Borradores de Economia.
    RePEc:bdr:borrec:1185.

    Full description at Econpapers || Download paper

  33. Common and idiosyncratic movements in Latin-American Exchange Rates. (2021). Romero, José ; Gamboa-Estrada, Fredy.
    In: Borradores de Economia.
    RePEc:bdr:borrec:1158.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-26 03:35:27 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.