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2004), "currency and financial crises in emerging market economiesDespite the success of third generation currency crisis models in de-scribing the effects of currency shocks in countries with a large fraction of domestic liabilities denominated in foreign currency, these models lack some realism in the medium run....
général - core.ac.uk - PDF: www.wiwi.uni-bielefeld.de
Western hemisphere department does central bank capital matter for monetary policy?*... exchange intervention by central banks of emerging markets have lead to sizeable expansions of their balance sheets in recent years—accumulating foreign assets and non-money domestic liabilities (the latter due to sterilization operations)....
Can domestic liabilities explain the home bias in uk investment portfolios?It has been suggested that domestic liabilities may be an important factor in explaining the existence of a home bias in international investment portfolios....

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général - eur-lex.europa.eu


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