This paper examines the impact of macro fluctuation on firm’s balance sheet to understand firm’s net worth as well as the corporate distress probability. We argue that debt policies could be pro-cyclical, since it enhances corporate distress risk when currency depreciation comes
Currency crises can arise because it is optimal to bail out financially distressed exporting firms t...
In third generation currency crises models, balance sheet losses from currency depreciations propaga...
East Asian economies caught in the recent crisis have seen their output contract fiercely despite en...
This paper examines the impact of macro fluctuation on firm’s balance sheet to understand firm’s net...
The fashionable analysis of financial crisis accentuates on the role of corporate debt composition b...
This paper is concerned with the impact of currency depreciation during the period of crisis on the ...
(do not quote, suggestion welcome) The fashionable analysis of financial crisis accentuates on the r...
Much has been written recently about the problems for emerging markets that might result from a mism...
for financial support. The authors are responsible for all remaining errors. Using data from 17 coun...
Using data from 20 countries that have suffered a currency crisis, this paper studies firm-level lev...
This paper surveys recent empirical evidence on the determinants of the currency composition of debt...
Using company level data from 17 countries that have suffered a currency crisis during the past deca...
This paper analyses the effect that the Asian crisis had on the currency composition of corporate de...
Using firm-level data, we find that a currency depreciation has two op-posite effects on exports whe...
Currency devaluation is considered an exogenous policy change engineered by the authorities. Indones...
Currency crises can arise because it is optimal to bail out financially distressed exporting firms t...
In third generation currency crises models, balance sheet losses from currency depreciations propaga...
East Asian economies caught in the recent crisis have seen their output contract fiercely despite en...
This paper examines the impact of macro fluctuation on firm’s balance sheet to understand firm’s net...
The fashionable analysis of financial crisis accentuates on the role of corporate debt composition b...
This paper is concerned with the impact of currency depreciation during the period of crisis on the ...
(do not quote, suggestion welcome) The fashionable analysis of financial crisis accentuates on the r...
Much has been written recently about the problems for emerging markets that might result from a mism...
for financial support. The authors are responsible for all remaining errors. Using data from 17 coun...
Using data from 20 countries that have suffered a currency crisis, this paper studies firm-level lev...
This paper surveys recent empirical evidence on the determinants of the currency composition of debt...
Using company level data from 17 countries that have suffered a currency crisis during the past deca...
This paper analyses the effect that the Asian crisis had on the currency composition of corporate de...
Using firm-level data, we find that a currency depreciation has two op-posite effects on exports whe...
Currency devaluation is considered an exogenous policy change engineered by the authorities. Indones...
Currency crises can arise because it is optimal to bail out financially distressed exporting firms t...
In third generation currency crises models, balance sheet losses from currency depreciations propaga...
East Asian economies caught in the recent crisis have seen their output contract fiercely despite en...