International currency exposure /

The foreign currency denomination of contracts in international transactions can lead to international currency exposure at the country level with important economic and policy implications. When debts are denominated in foreign currency and revenues in domestic currency, exchange rate fluctuations...

Full description

Bibliographic Details
Corporate Author: John Lammey Stewart Memorial Library Fund
Other Authors: Cheung, Yin-Wong (Editor), Westermann, Frank, 1970- (Editor)
Format: Book
Language:English
Published: Cambridge, MA : MIT Press, [2017]
Cambridge, Massachusetts : The MIT Press, [2017]
Series:CESifo seminar series
CESifo seminar series
Subjects:
LEADER 11593nam a2201285 i 4500
001 f2eb7bb0-002d-4471-8678-406af76ca069
005 20240519000000.0
008 170304s2017 maua b 001 0 eng
010 |a  2016053526 
019 |a 978356895  |a 978819734  |a 979077650  |a 979290717  |a 979440856 
020 |a 0262036401 (hardcover : alk. paper) 
020 |a 0262036401  |q (hardcover ;  |q alk. paper) 
020 |a 0262036401  |q (hardcover ;  |q alkaline paper) 
020 |a 0262036401  |q hardcover ;  |q alkaline paper 
020 |a 9780262036405 (hardcover : alk. paper) 
020 |a 9780262036405  |q (hardcover ;  |q alk. paper) 
020 |a 9780262036405  |q (hardcover ;  |q alkaline paper) 
020 |a 9780262036405  |q hardcover ;  |q alkaline paper 
024 8 |a 40027464023 
024 8 |a 99978965604 
035 |a (DLC) 2016053526 
035 |a (MCM)002561051MIT01 
035 |a (MdBJ)7005698 
035 |a (NjP)10354181-princetondb 
035 |a (OCoLC)978286397  |z (OCoLC)978356895  |z (OCoLC)978819734  |z (OCoLC)979077650  |z (OCoLC)979290717  |z (OCoLC)979440856 
035 |a (OCoLC)978286397 
035 |a (OCoLC)978356895 
035 |a (OCoLC)978819734 
035 |a (OCoLC)979077650 
035 |a (OCoLC)979290717 
035 |a (OCoLC)979440856 
035 |a (OCoLC)ocn978286397 
035 |a (OCoLC-M)978286397 
035 |a 13325086 
035 |a 7005698  |9 ExL 
035 |a 9999940 
035 |a ocn978286397 
035 |z (NjP)Voyager10354181 
035 |z (OCoLC)978356895  |z (OCoLC)978819734  |z (OCoLC)979077650  |z (OCoLC)979290717  |z (OCoLC)979440856 
040 |a DLC  |b eng  |e rda  |c DLC  |d BTCTA  |d OCLCO  |d YDX  |d OCLCQ  |d BDX  |d OCLCF  |d NhCcYBP 
040 |a DLC  |b eng  |e rda  |c DLC  |d BTCTA  |d OCLCO  |d YDX  |d OCLCQ  |d BDX  |d OCLCF  |d YDX  |d OCLCO 
040 |a DLC  |b eng  |e rda  |c DLC  |d BTCTA  |d YDX  |d BDX  |d OCLCF  |d MYG  |d FIE  |d GUA  |d YUS  |d OCLCQ  |d LUG  |d CHVBK  |d OCLCO  |d OCLCQ 
040 |a DLC  |b eng  |e rda  |c DLC  |d BTCTA  |d YDX  |d BDX  |d OCLCF  |d MYG 
040 |a DLC  |b eng  |e rda  |c DLC  |d BTCTA  |d YDX  |d BDX  |d OCLCF 
040 |a DLC  |e rda  |c DLC  |d BTCTA  |d OCLCO  |d YDX  |d OCLCQ  |d BDX  |d OCLCF  |d YDX  |d OCLCO  |d CaONFJC  |d UtOrBLW 
042 |a pcc 
049 |a JHEE 
049 |a MYGG 
050 0 0 |a HG3851  |b .I4895 2017 
050 0 0 |a HG3851.I4895 2017 
079 |a (OCoLC)978286397 
082 0 0 |a 658.15/24  |2 23 
090 |a HG3851  |b .I4895X 2017 (LC) 
245 0 0 |a International currency exposure /  |c edited by Yin-Wong Cheung and Frank Westermann 
264 1 |a Cambridge, MA :  |b MIT Press,  |c [2017] 
264 1 |a Cambridge, Massachusetts :  |b The MIT Press,  |c [2017] 
264 4 |c ©2017 
300 |a vi, 313 pages :  |b illustrations ;  |c 24 cm 
300 |a vi, 313 pages ;  |c 24 cm 
336 |a text  |b txt  |2 rdacontent 
337 |a unmediated  |b n  |2 rdamedia 
338 |a volume  |b nc  |2 rdacarrier 
490 1 |a CESifo Seminar Series 
500 |a This WorldCat-derived record is shareable under Open Data Commons ODC-BY, with attribution to OCLC  |5 CTY 
504 |a Includes bibliographical references and index 
505 0 0 |t Toward a behavioral theory of the exchange rate /  |r Paul De Grauwe --  |t Cross-country exposures to the Swiss franc /  |r Agustin S. Bénétrix and Philip R. Lane --  |t On the roles of different foreign currencies in European bank lending /  |r Signe Krogstrup and Cedric Tille --  |t Understanding exchange rate exposure through net foreign exchange position channel /  |r Fatih Altunok, Huseyin Aytug, and Arif Oduncu --  |t Strategic currency choice in international trade /  |r Maria V. Sokolova --  |t Probablility of a currency crash and postcrash output performance : do exchange rate regimes matter? /  |r Juann H. Hung --  |t Foreign currency denominated assets and international shock absorption in Europe and East Asia /  |r Gunther Schnabl --  |t External debt and international trade : another mismatch /  |r Eiji Fujii --  |t Assessing the forward premium puzzle : a factor-augmented panel data approach /  |r Jörg Breitung and Katja Mann --  |t The geopolitics of ascending global currencies /  |r Peter Garber 
505 0 0 |t Toward a behavioral theory of the exchange rate /  |r Paul De Grauwe --  |t Cross-country exposures to the Swiss franc /  |r Agustin S. Bénétrix and Philip R. Lane --  |t On the roles of different foreign currencies in European bank lending /  |r Signe Krogstrup and Cedric Tille --  |t Understanding exchange rate exposure through net foreign exchange position channel /  |r Fatih Altunok, Huseyin Aytug, and Arif Oduncu --  |t Strategic currency choice in international trade /  |r Maria V. Sokolova --  |t Probablility of a currency crash and postcrash output performance : do exchange rate regimes matter? /  |r Juann H. Hung --  |t Foreign currency denominated assets and international shock absorption in Europe and East Asia /  |r Gunther Schnabl --  |t External debt and international trade : another mismatch /  |r Eiji Fujii --  |t Assessing the forward premium puzzle : a factor-augmented panel data approach /  |r Jörg Breitung and Katja Mann --  |t The geopolitics of ascending global currencies /  |r Peter Garber 
505 0 0 |t Toward a behavioral theory of the exchange rate /  |r Paul De Grauwe --  |t Cross-country exposures to the Swiss franc /  |r Agustin S. Bénétrix and Philip R. Lane --  |t On the roles of different foreign currencies in European bank lending /  |r Signe Krogstrup and Cedric Tille --  |t Understanding exchange rate exposure through net foreign exchange position channel /  |r Fatih Altunok, Huseyin Aytug, and Arif Oduncu --  |t Strategic currency choice in international trade /  |r Maria V. Sokolova --  |t Probablility of a currency crash and postcrash output performance : do exchange rate regimes matter? /  |r Juann H. Hung --  |t Foreign currency denominated assets and international shock absorption in Europe and East Asia /  |r Gunther Schnabl --  |t External debt and international trade : another mismatch /  |r Eiji Fujii --  |t Assessing the forward premium puzzle : a factor-augmented panel data approach /  |r Jörg Breitung and Katja Mann --  |t The geopolitics of ascending global currencies /  |r Peter Garber 
520 |a The foreign currency denomination of contracts in international transactions can lead to international currency exposure at the country level with important economic and policy implications. When debts are denominated in foreign currency and revenues in domestic currency, exchange rate fluctuations can result in balance sheet effects for countries with either net asset or liability positions. Moreover, currency mismatch between assets and liabilities can be a cause for crises in developing and emerging economies. This book looks at the issues surrounding foreign currency exposure in today's increasingly integrated world economy. The contributors draw on cross-country as well as country-specific data. They consider international currency risk after the Swiss franc ended its one-sided peg with the euro, for example, and the foreign exchange positions of firms in Turkey and Russia. Other contributors take macroeconomic perspectives, examining the potential effects of exchange rate realignment, the pressure to appreciate on countries with current account surpluses, and the currency exposure in international trade. Finally, contributors consider the issue from finance and political economy perspectives, addressing the phenomenon of the forward premium puzzle and discussing geopolitical aspects ascending currencies.--  |c Provided by Publisher 
590 |a Acquired for the Penn Libraries with assistance from the John Lammey Stewart Memorial Library Fund 
596 |a 1 
650 0 |a Currency crises  |= ^A1752684 
650 0 |a Currency crises 
650 0 |a Foreign exchange rates  |= ^A1092033 
650 0 |a Foreign exchange rates 
650 0 |a International finance  |= ^A1029258 
650 0 |a International finance 
650 7 |a Außenhandel  |2 gnd 
650 7 |a Außenhandel  |2 gnd 
650 7 |a Currency crises  |2 fast 
650 7 |a Foreign exchange rates  |2 fast 
650 7 |a International finance  |2 fast 
650 7 |a Währungsrisiko  |2 gnd 
650 7 |a Währungsrisiko  |2 gnd 
700 1 |a Cheung, Yin-Wong,  |e editor  |1 http://viaf.org/viaf/57675472 
700 1 |a Cheung, Yin-Wong,  |e editor  |= ^A1970333 
700 1 |a Cheung, Yin-Wong,  |e editor 
700 1 |a Westermann, Frank,  |d 1970-  |e editor  |1 http://viaf.org/viaf/119235196 
700 1 |a Westermann, Frank,  |d 1970-  |e editor  |= ^A1839253 
700 1 |a Westermann, Frank,  |d 1970-  |e editor 
710 2 |a John Lammey Stewart Memorial Library Fund  |5 PU 
776 1 |w (OCoLC)993623273 
830 0 |a CESifo seminar series  |= ^A1664371 
830 0 |a CESifo seminar series 
999 1 0 |i f2eb7bb0-002d-4471-8678-406af76ca069  |l a12124574  |s US-CST  |m international_currency_exposure____________________________________________2017_______mitpra___________________________________________________________________________p 
999 1 0 |i f2eb7bb0-002d-4471-8678-406af76ca069  |l 13325086  |s US-CTY  |m international_currency_exposure____________________________________________2017_______mitpra___________________________________________________________________________p 
999 1 0 |i f2eb7bb0-002d-4471-8678-406af76ca069  |l 11294828  |s US-ICU  |m international_currency_exposure____________________________________________2017_______mitpra___________________________________________________________________________p 
999 1 0 |i f2eb7bb0-002d-4471-8678-406af76ca069  |l 990025610510106761  |s US-MCM  |m international_currency_exposure____________________________________________2017_______mitpra___________________________________________________________________________p 
999 1 0 |i f2eb7bb0-002d-4471-8678-406af76ca069  |l 991002231679707861  |s US-MDBJ  |m international_currency_exposure____________________________________________2017_______mitpra___________________________________________________________________________p 
999 1 0 |i f2eb7bb0-002d-4471-8678-406af76ca069  |l 9999940  |s US-NIC  |m international_currency_exposure____________________________________________2017_______mitpra___________________________________________________________________________p 
999 1 0 |i f2eb7bb0-002d-4471-8678-406af76ca069  |l 99103541813506421  |s US-NJP  |m international_currency_exposure____________________________________________2017_______mitpra___________________________________________________________________________p 
999 1 0 |i f2eb7bb0-002d-4471-8678-406af76ca069  |l 9977444359603681  |s US-PU  |m international_currency_exposure____________________________________________2017_______mitpra___________________________________________________________________________p 
999 1 1 |l a12124574  |s ISIL:US-CST  |t BKS  |a GREEN STACKS  |b 36105229473876  |c HG3851 .I4895 2017  |d LC  |x STKS-MONO  |y 36105229473876  |p LOANABLE 
999 1 1 |l 13325086  |s ISIL:US-CTY  |t BKS  |a csssi  |b 39002128167146  |c HG3851 .I4895 2017 (LC)  |g 0  |v 1 piece  |x circ  |y 11777044  |p LOANABLE 
999 1 1 |l 11294828  |s ISIL:US-ICU  |t BKS  |a JRL-Gen  |b 113789711  |c HG3851 .I4895 2017  |d Library of Congress classification  |y 9816440  |p LOANABLE 
999 1 1 |l 990025610510106761  |s ISIL:US-MCM  |t BKS  |a DEW STACK  |b 39080035030003  |c HG3851.I4895 2017  |d 0  |x BOOK  |y 23520375180006761  |p LOANABLE 
999 1 1 |l 991002231679707861  |s ISIL:US-MDBJ  |t BKS  |a LSC shmoffs  |b 31151033993555  |c HG3851 .I4895 2017  |d 0  |x jhbooks  |y 23444078840007861  |p LOANABLE 
999 1 1 |l 9999940  |s ISIL:US-NIC  |t BKS  |a jgsm  |b 31924125128573  |c HG3851 .I4895 2017  |d lc  |k 1  |x Book  |y 6b15ea17-5efd-4d70-b77d-357a875d8dd5  |p UNLOANABLE 
999 1 1 |l 99103541813506421  |s ISIL:US-NJP  |t BKS  |a firestone stacks  |b 32101097461485  |c HG3851 .I4895 2017  |d 0  |x Gen  |y 23694726430006421  |p LOANABLE 
999 1 1 |l 9977444359603681  |s ISIL:US-PU  |t BKS  |a LippLib lipp  |b 31198052111064  |c HG3851 .I4895 2017  |d 0  |x BOOK  |y 23570543270003681  |p LOANABLE