Wyświetlanie pozycji 1-2 z 2

    • Equilibrium foreign currency mortgages 

      Kolasa, Marcin (2016-12)
      This paper proposes a novel explanation for why foreign currency denominated loans to households have become so popular in some emerging economies. Our argument is based on what we call the debt limit channel, which arises ...
    • Transmission of monetary policy and exchange rate shocks under foreign currency lending 

      Skibińska, Małgorzata (2017-08)
      This paper analyses the differences in reaction of domestic and foreign currency lending to monetary and exchange rate shocks, using a panel VAR model estimated for three biggest Central and Eastern European countries ...