Aghion, P., Bacchetta, P., & Banerjee, A. (2001). Currency Crises and Monetary Policy in an Economy with Credit Constraints. European Economic Review, 45(7), 1121-1150.
- Arida, P., Bacha, E. L., Resende, A. L. (2005). Credit, Interest, and Jurisdictional Uncertainty: Conjectures on the Case of Brazil. In F. Giavazzi, I. Goldfajn, & S. Herrera (Eds.), Inflation Targeting, Debt and the Brazilian Experience, 1999 to 2003 (pp. 265-93). Cambridge: MIT Press.
Paper not yet in RePEc: Add citation now
Barajas, A., Restrepo, S., Steiner, R., Medellin, J. C., & Pabó n, C. (2016). Balance sheet effects in Colombian non-financial firms. IDB Working Paper Series, n. 740. ttps://doi.org/10.18235/0000512 Benavente, J. M., Johnson, C. A., & Morandé , F. G. (2003). Debt composition and balance sheet effects of exchange rate depreciations: A firm-level analysis for Chile. Emerging Markets Review, 4, 397-416.
Calvo, G. A. (2001). Capital Markets and the Exchange Rate with Special Reference to the Dollarization Debate in Latin America. Journal of Money, Credit, and Banking, 33(2), 312-334. https://doi.org/10.2307/2673902 Calvo, G. A. (2003). On Dollarization. Economics of Transition. https://doi.org/10.1111/1468-0351.00117 Carranza, L. J., Cayo, J. M., & Galdon-Sanches, J. E. (2003). Exchange rate volatility and economic performance in Peru: A firm level analysis. Emerging Markets Review, 4, 472-496.
Cowan, K., Hansen, E., & Herrera, L. O. (2005). Currency Mismatches, Balance Sheet Effects and Hedging in Chilean Nonfinancial Corporations. Central Bank of Chile Working Papers, n. 346. https://doi.org/10.2139/ssrn.674081 Echeverry, J. C., Fergusson, L., Steiner, R., & Aguilar, C. (2003). „Dollar‟ debt in Colombian firms: Are sinners punished during devaluations? Emerging Markets Review, 4(4), 417-449.
Emerging Markets Review, 21, 265-287. https://doi.org/10.1016/j.ememar.2014.09.003 Fazzari, S. M., Hubbard, R. G., & Petersen, B. C. (1988). Financing Constraints and Corporate Investment.
- Finance and Economics Discussion Series. Divisions of Research & Statistics and Monetary Affairs -Federal Reserve Board, Washington, D.C. Electronic Copy. https://doi.org/10.17016/FEDS.2008.18 Bleakley, H., & Cowan, K. (2008). Corporate Dollar Debt and Depreciation: Much Ado about Nothing? The Review of Economics and Statistics, 90(4), 612-626. https://doi.org/10.2139/ssrn.366760 Bonomo, M., Martins, B., & Pinto, R. (2003). Debt Composition and Exchange Rate Balance Sheet Effect in Brazil: A Firm Level Analysis. Emerging Markets Review, 4(4), 368-396.
Paper not yet in RePEc: Add citation now
Forbes, K. J. (2002). How Do Large Depreciations Affect Firm Performance? IMF Staff Papers, 49. https://doi.org/10.3386/w9095 Franco, G. (2011). Por que juros tã o altos, e o caminho para a normalidade. In G. Franco, A. L. Resende, S. Pessoa, & M. Nakane (Eds.), Por que os juros sã o altos no Brasil?(pp. 21-59). CLP Papers.
Galiani, S., Yeyati, E. L., & Schargrodsky, E. (2003). Financial Dollarization and Debt Deflation Under a Currency Board: The Case of Argentina. IDB – Research Department Latin American Research Network.
Hausmann, R., Panizza, U., & Stein, E. (2001). Why Do Countries Float the Way They Float? Journal of Development Economics, 66(2), 387-414. https://doi.org/10.1016/S0304-3878(01)00168-7 Hubbard, R. G. (1998). Capital-Market Imperfections and Investment. Journal of Economic Literature, 36(1), 193-225.
https://doi.org/10.1016/S0014-2921(00)00100-8 Aguiar, M. (2005). Investment, devaluation, and foreign currency exposure: The case of Mexico. Journal of Development Economics, 78, 95-113. https://doi.org/10.1016/j.jdeveco.2004.06.012 Alvarez, R., & Hansen, E. (2017). Corporate currency risk and hedging in Chile: real and financial effects. IDB Working Paper Series, n. 769.
https://doi.org/10.1016/S1566-0141(03)00059-1 Garcia, A. T., & Escobar, L. W. (2018). Commodity Prices Shocks and the Balance Sheet Effect in Latin America.
https://doi.org/10.1016/S1566-0141(03)00060-8 Galindo, A., Panizza, U., & Schiantarelli, F. (2003). Debt composition and balance sheet effects of currency depreciation: a summary of the micro evidence. Emerging Markets Review, 4, 330-339.
https://doi.org/10.1016/S1566-0141(03)00061-X Bruno, V., & Shin, H. S. (2018). Currency depreciation and emerging market corporate distress. BIS Working Papers No 753.
https://doi.org/10.1016/S1566-0141(03)00062-1 Bernanke, B. M., Gertler, M., & Gilchrist, S. (1999). The Financial Accelerator in a Quantitive Business Cycle Framework. In J. Taylor, & M. Woodofrd (Eds.), Handbook of Macroeconomics (vol. 1C, pp. 1341-1393).
- https://doi.org/10.1016/S1566-0141(03)00063-3 ijef.ccsenet.org International Journal of Economics and Finance Vol. 12, No. 12; 2020 Endré sz, M., & Harastosi, P. (2014). Corporate foreign currency borrowing and investment: The case of Hungary.
Paper not yet in RePEc: Add citation now
https://doi.org/10.1016/S1566-0141(03)00064-5 Rossi JR, J. L. (2007). The Use of Currency Derivatives by Brazilian Companies: An Empirical Investigation.
https://doi.org/10.1016/S1566-0141(03)00066-9 Cespedes, L. F., Chang, R., & Velasco, A. (2004). Balance Sheets and Exchange Rate Policy. American Economic Review, 4(4), 1183-1193. https://doi.org/10.1257/0002828042002589 Cicco, J. G., & Kawamura, E. (2016). Effects of foreign currency debt on non-financial Latin American firms: evidence from the 2000s. IDB Technical Note, n. 1103.
- Ihrig, J., & Prior, D. (2005). The effect of exchange rate fluctuations on multinationals‟ returns. Journal of Multinational Financial Management, 15, 273-286. https://doi.org/10.1016/j.mulfin.2004.09.004 Kamil, H. (2004). A New Database on the Currency Composition and Maturity Structure of Firms‟ Balance Sheets in Latin America, 1990-2002. IDB Bank Policy Seminar on Currency Mismatches.
Paper not yet in RePEc: Add citation now
Kamil, H. (2012). How Do Exchange Rate Regimes Affect Firms‟ Incentives to Hedge Currency Risk? Micro Evidence for Latin America. IMF Working Paper 12/69. https://doi.org/10.5089/9781463939052.001 Krugman, P. (1999). Balance Sheets, the Transfer Problem, and Financial Crises. International Tax and Public Finance, 6(4), 459-472. https://doi.org/10.1023/A:1008741113074 Pellon, J. M., & Ferrer, M. A. (1989). Investment-Cash Flow Sensitivity in Small and Medium-Sized Enterprises at the Expansion Stage. Revista Internacional de la Pequeñ a y Mediana Empresa, 1(4).
- National Bureau of Economic Research, WP2387. https://doi.org/10.2307/2534426 Fisher, I. (1911). The purchasing power of money. New York: Macmillan.
Paper not yet in RePEc: Add citation now
North Holland. https://doi.org/10.1016/S1574-0048(99)10034-X Berrospide, J. (2008). Exchange Rates, Optimal Debt Composition, and Hedging in Small Open Economies.
- Pessoa, S., & Nakane, M. (2011). O processo de Formaç ã o da Taxa de Juros no Brasil. In G. Franco, A. L. Resende, S. Pessoa, & M. Nakane (Eds.), Por que os juros sã o altos no Brasil?(CLP Papers, pp. 59-93).
Paper not yet in RePEc: Add citation now
Pratap, S., Lobato, I., & Somunao, A. (2003). Debt composition and balance sheet effects of exchange rate volatility in Mexico: A firm level analysis. Emerging Markets Review, 4, 450-471.
Universidad EAFIT – Documentos de Trabajo no. 18-06. Retrieved from http://www.academia.edu/36923964/Commodity_Prices_Shocks_and_the_Balance_Sheet_Effect_in_Latin_ America Gelos, G. (2003) Foreign currency debt in emerging markets: Firm-level evidence from Mexico. Economic Letters, 78(3), 323-327. https://doi.org/10.1016/S0165-1765(02)00267-7 Hardy, B. (2018). Foreign Currency Borrowing, Balance Sheet Shocks, and Real Outcomes. BIS Working Paper No 758.