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17-005/VI - Debt Overhang, Exchange Rates and the Macroeconomics of Carry Trade


  • Authors
    Sweder J.G. van Wijnbergen, University of Amsterdam, The Netherlands; Egle Jakucionyte, University of Amsterdam, The Netherlands
  • Publication date
    January 13, 2017
  • Keywords
    Debt overhang, foreign currency debt, leveraged banks, small open economy, Hungary
  • JEL
    E44, F41, P2