Przeglądaj Kolegium Analiz Ekonomicznych / Collegium of Economic Analysis według tematu "general equilibrium models"
Wyświetlanie pozycji 1-1 z 1
-
Equilibrium foreign currency mortgages
(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 ...