Search Results

You are looking at 1 - 10 of 12 items

  • Keyword: Balance sheet effects x
Clear All Modify Search
Currency Mismatches and Vulnerability to Exchange Rate Shocks: Nonfinancial Firms in Colombia

Currency Mismatches and Vulnerability to Exchange Rate Shocks: Nonfinancial Firms in Colombia »

Source: Currency Mismatches and Vulnerability to Exchange Rate Shocks: Nonfinancial Firms in Colombia

Volume/Issue: 2017/263

Series: IMF Working Papers

Author(s): Adolfo Barajas , Sergio Restrepo , Roberto Steiner , Juan Camilo Medellin , and Cesar Pabon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2017

ISBN: 9781484330128

Keywords: Foreign exchange, Western Hemisphere, Colombia, Colombia; depreciation; balance sheet effects; exchange rate derivatives;, depreciation, balance sheet effects, exchange rate derivatives

After building up foreign currency denominated (FC) liabilities over several years, Colombian firms might be vulnerable to a shift in external conditions. We undertake three empirical exercises to better understand...

Floating with a Load of FX Debt?

Floating with a Load of FX Debt? »

Source: Floating with a Load of FX Debt?

Volume/Issue: 2015/284

Series: IMF Working Papers

Author(s): Tatsiana Kliatskova , and Uffe Mikkelsen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 December 2015

ISBN: 9781513543307

Keywords: FX interventions, Balance sheet effects, exchange, exchange rate, currency, debt, International Lending and Debt Problems, All Countries,

Countries with de jure floating exchange rate regimes are often reluctant to allow their currencies to float freely in practice. One reason why countries may wish to limit exchange rate volatility is potential nega...

The New Economics of Capital Controls Imposed for Prudential Reasons+L4888*

The New Economics of Capital Controls Imposed for Prudential Reasons+L4888* »

Source: The New Economics of Capital Controls Imposed for Prudential Reasons+L4888

Volume/Issue: 2011/298

Series: IMF Working Papers

Author(s): Anton Korinek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2011

ISBN: 9781463927844

Keywords: financial crises, balance sheet effects, pecuniary externalities, capital controls, capital inflows, capital flows, domestic agents, New Economics of Capital Controls,

This paper provides an introduction to the new economics of prudential capital controls in emerging economies. This literature is based on the notion that there are externalities associated with financial crises be...

The Effects of Unconventional Monetary Policies on Bank Soundness

The Effects of Unconventional Monetary Policies on Bank Soundness »

Source: The Effects of Unconventional Monetary Policies on Bank Soundness

Volume/Issue: 2014/152

Series: IMF Working Papers

Author(s): Frederic Lambert , and Kenichi Ueda

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 2014

ISBN: 9781498363563

Keywords: Bank Profitability, Bank Risk, Balance Sheet Repair, bond, government bond, bond yield, government bond yield, bond yields, Monetary Policy (Targets, Instruments

Unconventional monetary policy is often assumed to benefit banks. However, we find little supporting evidence. Rather, we find some evidence for heightened medium-term risks. First, in an event study using a novel...

The Role of Corporate, Legal and Macroeconomic Balance Sheet Indicators in Crisis Detection and Prevention

The Role of Corporate, Legal and Macroeconomic Balance Sheet Indicators in Crisis Detection and Prevention »

Source: The Role of Corporate, Legal and Macroeconomic Balance Sheet Indicators in Crisis Detection and Prevention

Volume/Issue: 2002/59

Series: IMF Working Papers

Author(s): Manuel De la Rocha , Roberto Perrelli , and Christian Mulder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2002

ISBN: 9781451847956

Keywords: External Vulnerability, Balance Sheet Effects, Corporate Sector, short-term debt, pre-crisis, currency crisis, International Lending and Debt Problems, International Policy Coordination and Transmission, General Financial Markets: Government Policy and Regulation, Corporate Indicators

This study tests the recent balance sheet explanations of external crises in emerging market countries and the role of standards in these crises. Using several unique data sets, it finds that corporate sector balan...

Monetary Policy in a Developing Country

Monetary Policy in a Developing Country »

Source: Monetary Policy in a Developing Country : Loan Applications and Real Effects

Volume/Issue: 2015/270

Series: IMF Working Papers

Author(s): Charles Abuka , Ronnie Alinda , Camelia Minoiu , José-Luis Peydró , and Andrea Presbitero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2015

ISBN: 9781513529813

Keywords: Monetary policy transmission, Bank lending channel, Bank balance sheet channel, Developing countries, bank, banks, credit, lending, interest, Financial Markets and the Macroeconomy

The transmission of monetary policy to credit aggregates and the real economy can be impaired by weaknesses in the contracting environment, shallow financial markets, and a concentrated banking system. We empirical...

Currency Mismatches and Vulnerability to Exchange Rate Shocks: Nonfinancial Firms in Colombia

Currency Mismatches and Vulnerability to Exchange Rate Shocks: Nonfinancial Firms in Colombia »

Volume/Issue: 2017/263

Series: IMF Working Papers

Author(s): Adolfo Barajas , Sergio Restrepo , Roberto Steiner , Juan Camilo Medellin , and Cesar Pabon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2017

DOI: http://dx.doi.org/10.5089/9781484330128.001

ISBN: 9781484330128

Keywords: Foreign exchange, Western Hemisphere, Colombia, Colombia; depreciation; balance sheet effects; exchange rate derivatives;, depreciation, balance sheet effects, exchange rate derivatives

After building up foreign currency denominated (FC) liabilities over several years, Colombian firms might be vulnerable to a shift in external conditions. We undertake three empirical exercises to better understand...

Floating with a Load of FX Debt?

Floating with a Load of FX Debt? »

Volume/Issue: 2015/284

Series: IMF Working Papers

Author(s): Tatsiana Kliatskova , and Uffe Mikkelsen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 December 2015

DOI: http://dx.doi.org/10.5089/9781513543307.001

ISBN: 9781513543307

Keywords: FX interventions, Balance sheet effects, exchange, exchange rate, currency, debt, International Lending and Debt Problems, All Countries,

Countries with de jure floating exchange rate regimes are often reluctant to allow their currencies to float freely in practice. One reason why countries may wish to limit exchange rate volatility is potential nega...

The New Economics of Capital Controls Imposed for Prudential Reasons+L4888

The New Economics of Capital Controls Imposed for Prudential Reasons+L4888 »

Volume/Issue: 2011/298

Series: IMF Working Papers

Author(s): Anton Korinek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2011

DOI: http://dx.doi.org/10.5089/9781463927844.001

ISBN: 9781463927844

Keywords: financial crises, balance sheet effects, pecuniary externalities, capital controls, capital inflows, capital flows, domestic agents, New Economics of Capital Controls,

This paper provides an introduction to the new economics of prudential capital controls in emerging economies. This literature is based on the notion that there are externalities associated with financial crises be...

The Effects of Unconventional Monetary Policies on Bank Soundness

The Effects of Unconventional Monetary Policies on Bank Soundness »

Volume/Issue: 2014/152

Series: IMF Working Papers

Author(s): Frederic Lambert , and Kenichi Ueda

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 2014

DOI: http://dx.doi.org/10.5089/9781498363563.001

ISBN: 9781498363563

Keywords: Bank Profitability, Bank Risk, Balance Sheet Repair, bond, government bond, bond yield, government bond yield, bond yields, Monetary Policy (Targets, Instruments

Unconventional monetary policy is often assumed to benefit banks. However, we find little supporting evidence. Rather, we find some evidence for heightened medium-term risks. First, in an event study using a novel...