skip to content
Currency Mismatches and Vulnerability to Exchange Rate Shocks : Nonfinancial Firms in Colombia Preview this item
ClosePreview this item
Checking...

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

Author: Adolfo Barajas; Juan Camilo Medellin; Cesar Pabon; Sergio Restrepo; Roberto Steiner
Publisher: Washington, D.C. : International Monetary Fund, 2017.
Series: IMF Working Papers; Working Paper, no. 17/263.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
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 these vulnerabilities. First, we identify the determinants of FC borrowing. Second, we investigate the implications for real activity, finding a balance sheet effect that transmits exchange rate  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Additional Physical Format: Print Version:
Barajas, Adolfo.
Currency Mismatches and Vulnerability to Exchange Rate Shocks: Nonfinancial Firms in Colombia.
Washington, D.C. : International Monetary Fund,2017
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Adolfo Barajas; Juan Camilo Medellin; Cesar Pabon; Sergio Restrepo; Roberto Steiner
ISBN: 1484330129 9781484330128
OCLC Number: 1021856443
Description: 1 online resource (41 pages).
Series Title: IMF Working Papers; Working Paper, no. 17/263.
Responsibility: Adolfo Barajas.

Abstract:

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 these vulnerabilities. First, we identify the determinants of FC borrowing. Second, we investigate the implications for real activity, finding a balance sheet effect that transmits exchange rate fluctuations to investment and is asymmetric, much stronger for depreciations than for appreciations. Finally, we find that foreign exchange derivatives are not used solely for hedging, due in part to monetary authority intervention to smooth exchange rate volatility. However, a full explanation remains open for future research.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.

Similar Items

Related Subjects:(1)

Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/1021856443> # Currency Mismatches and Vulnerability to Exchange Rate Shocks : Nonfinancial Firms in Colombia
    a schema:MediaObject, schema:Book, schema:CreativeWork ;
    library:oclcnum "1021856443" ;
    library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/4727885252#Place/washington_d_c> ; # Washington, D.C.
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/dcu> ;
    rdfs:comment "Unknown 'gen' value: igp" ;
    schema:about <http://experiment.worldcat.org/entity/work/data/4727885252#Topic/balance_sheet_effects> ; # Balance Sheet Effects
    schema:bookFormat schema:EBook ;
    schema:contributor <http://experiment.worldcat.org/entity/work/data/4727885252#Person/steiner_roberto> ; # Roberto Steiner
    schema:contributor <http://experiment.worldcat.org/entity/work/data/4727885252#Person/pabon_cesar> ; # Cesar Pabon
    schema:contributor <http://experiment.worldcat.org/entity/work/data/4727885252#Person/barajas_adolfo> ; # Adolfo Barajas
    schema:contributor <http://experiment.worldcat.org/entity/work/data/4727885252#Person/camilo_medellin_juan> ; # Juan Camilo Medellin
    schema:contributor <http://experiment.worldcat.org/entity/work/data/4727885252#Person/restrepo_sergio> ; # Sergio Restrepo
    schema:creator <http://experiment.worldcat.org/entity/work/data/4727885252#Person/barajas_adolfo> ; # Adolfo Barajas
    schema:datePublished "2017" ;
    schema:description "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 these vulnerabilities. First, we identify the determinants of FC borrowing. Second, we investigate the implications for real activity, finding a balance sheet effect that transmits exchange rate fluctuations to investment and is asymmetric, much stronger for depreciations than for appreciations. Finally, we find that foreign exchange derivatives are not used solely for hedging, due in part to monetary authority intervention to smooth exchange rate volatility. However, a full explanation remains open for future research."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/4727885252> ;
    schema:genre "Government publication"@en ;
    schema:inLanguage "en" ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/4727885252#Series/imf_working_papers_working_paper> ; # IMF Working Papers; Working Paper ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/4727885252#Series/imf_working_papers> ; # IMF Working Papers
    schema:isSimilarTo <http://worldcat.org/entity/work/data/4727885252#CreativeWork/currency_mismatches_and_vulnerability_to_exchange_rate_shocks_nonfinancial_firms_in_colombia> ;
    schema:name "Currency Mismatches and Vulnerability to Exchange Rate Shocks : Nonfinancial Firms in Colombia"@en ;
    schema:productID "1021856443" ;
    schema:publication <http://www.worldcat.org/title/-/oclc/1021856443#PublicationEvent/washington_d_c_international_monetary_fund_2017> ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/4727885252#Agent/international_monetary_fund> ; # International Monetary Fund
    schema:url <http://elibrary.imf.org/view/IMF001/24759-9781484330128/24759-9781484330128/24759-9781484330128.xml> ;
    schema:workExample <http://dx.doi.org/10.5089/9781484330128.001> ;
    schema:workExample <http://worldcat.org/isbn/9781484330128> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/1021856443> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/4727885252#Agent/international_monetary_fund> # International Monetary Fund
    a bgn:Agent ;
    schema:name "International Monetary Fund" ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Person/barajas_adolfo> # Adolfo Barajas
    a schema:Person ;
    schema:familyName "Barajas" ;
    schema:givenName "Adolfo" ;
    schema:name "Adolfo Barajas" ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Person/camilo_medellin_juan> # Juan Camilo Medellin
    a schema:Person ;
    schema:familyName "Camilo Medellin" ;
    schema:givenName "Juan" ;
    schema:name "Juan Camilo Medellin" ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Person/pabon_cesar> # Cesar Pabon
    a schema:Person ;
    schema:familyName "Pabon" ;
    schema:givenName "Cesar" ;
    schema:name "Cesar Pabon" ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Person/restrepo_sergio> # Sergio Restrepo
    a schema:Person ;
    schema:familyName "Restrepo" ;
    schema:givenName "Sergio" ;
    schema:name "Sergio Restrepo" ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Person/steiner_roberto> # Roberto Steiner
    a schema:Person ;
    schema:familyName "Steiner" ;
    schema:givenName "Roberto" ;
    schema:name "Roberto Steiner" ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Place/washington_d_c> # Washington, D.C.
    a schema:Place ;
    schema:name "Washington, D.C." ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Series/imf_working_papers> # IMF Working Papers
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1021856443> ; # Currency Mismatches and Vulnerability to Exchange Rate Shocks : Nonfinancial Firms in Colombia
    schema:name "IMF Working Papers" ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Series/imf_working_papers_working_paper> # IMF Working Papers; Working Paper ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1021856443> ; # Currency Mismatches and Vulnerability to Exchange Rate Shocks : Nonfinancial Firms in Colombia
    schema:name "IMF Working Papers; Working Paper ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/4727885252#Topic/balance_sheet_effects> # Balance Sheet Effects
    a schema:Intangible ;
    schema:name "Balance Sheet Effects"@en ;
    .

<http://worldcat.org/entity/work/data/4727885252#CreativeWork/currency_mismatches_and_vulnerability_to_exchange_rate_shocks_nonfinancial_firms_in_colombia>
    a schema:CreativeWork ;
    rdfs:label "Currency Mismatches and Vulnerability to Exchange Rate Shocks: Nonfinancial Firms in Colombia." ;
    schema:description "Print Version:" ;
    schema:isSimilarTo <http://www.worldcat.org/oclc/1021856443> ; # Currency Mismatches and Vulnerability to Exchange Rate Shocks : Nonfinancial Firms in Colombia
    .

<http://worldcat.org/isbn/9781484330128>
    a schema:ProductModel ;
    schema:isbn "1484330129" ;
    schema:isbn "9781484330128" ;
    .

<http://www.worldcat.org/title/-/oclc/1021856443>
    a genont:InformationResource, genont:ContentTypeGenericResource ;
    schema:about <http://www.worldcat.org/oclc/1021856443> ; # Currency Mismatches and Vulnerability to Exchange Rate Shocks : Nonfinancial Firms in Colombia
    schema:dateModified "2019-02-09" ;
    void:inDataset <http://purl.oclc.org/dataset/WorldCat> ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.