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Why Do Emerging Economies Borrow in Foreign Currency?
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Why Do Emerging Economies Borrow in Foreign Currency? (2003)Why Do Emerging Economies Borrow in Forei…Excessive Dollar Debt: Financial Development and Underinsurance (2003)Excessive Dollar Debt: Financ…Hedging and financial fragility in fixed exchange rate regimes (2001)Hedging and financial fragili…Currency crises and monetary policy in an economy with credit constraints (2001)Currency crises and monetary …Capital Markets and the Exchange Rate, with Special Reference to the Dollarization Debate in Latin America (2001)Capital Markets and the Excha…Exchange Rates and Financial Fragility (1999)Exchange Rates and Financial …The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Financial Accelerator in …A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence (1994)A Theory of Debt and Equity: …Risk Management: Coordinating Corporate Investment and Financing Policies (1993)Risk Management: Coordinating…A Theory of Predation Based on Agency Problems in Financial Contracting (1990)A Theory of Predation Based o…The Determinants of Firms' Hedging Policies (1985)The Determinants of Firms' He…Incentive-Compatible Debt Contracts: The One-Period Problem (1985)Incentive-Compatible Debt Con…Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …Optimal contracts and competitive markets with costly state verification (1979)Optimal contracts and competi…Safety First and the Holding of Assets (1952)Safety First and the Holding …PORTFOLIO SELECTION* (1952)PORTFOLIO SELECTION*Global Waves of Debt: Causes and Consequences (2021)Global Waves of Debt: Causes …Regulating capital flows to emerging markets: An externality view (2017)Regulating capital flows to e…Capital Inflows, Exchange Rate Flexibility and Credit Booms (2014)Capital Inflows, Exchange Rat…Financial Crises Explanations, Types, and Implications (2013)Financial Crises Explanations…Financial Crises Explanations, Types, and Implications (2013)Financial Crises Explanations…Households’ foreign currency borrowing in Central and Eastern Europe (2012)Households’ foreign currency …International Finance and Growth in Developing Countries: What Have We Learned? 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My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Optimal Versus Naive Diversification: How Inefficient is the 1/ N Portfolio Strategy? 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References

  • 1952PORTFOLIO SELECTION*18,429 cited
  • 1984Financial Intermediation and Delegated Monitoring8,489 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1985The Determinants of Firms' Hedging Policies3,270 cited
  • 1979Optimal contracts and competitive markets with costly state verification3,201 cited
  • 1993Risk Management: Coordinating Corporate Investment and Financing Policies2,897 cited
  • 1952Safety First and the Holding of Assets2,555 cited
  • 1985Incentive-Compatible Debt Contracts: The One-Period Problem1,799 cited
  • 1999Exchange Rates and Financial Fragility1,444 cited
  • 1990A Theory of Predation Based on Agency Problems in Financial Contracting947 cited
  • 1994A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence837 cited
  • 2001Currency crises and monetary policy in an economy with credit constraints606 cited
  • 2003Excessive Dollar Debt: Financial Development and Underinsurance382 cited
  • 2001Hedging and financial fragility in fixed exchange rate regimes274 cited
  • 2001Capital Markets and the Exchange Rate, with Special Reference to the Dollarization Debate in Latin America

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232 cited

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  • 2009International Finance and Growth in Developing Countries: What Have We Learned?304 cited
  • 2021Global Waves of Debt: Causes and Consequences280 cited
  • 2004Dollarization of bank deposits: Causes and consequences229 cited
  • 2003Evolution and Performance of Exchange Rate Regimes165 cited
  • 2007Government Bonds in Domestic and Foreign Currency: the Role of Institutional and Macroeconomic Factors*152 cited
  • 2003The Mirage of Exchange Rate Regimes for Emerging Market Countries152 cited
  • 2008Determinants of Foreign Currency Borrowing in the New Member States of the EU139 cited
  • 2014Capital Inflows, Exchange Rate Flexibility and Credit Booms135 cited
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