17-005/VI - Debt Overhang, Exchange Rates and the Macroeconomics of Carry Trade

• Authors
  Sweder J.G. van Wijnbergen, University of Amsterdam, The Netherlands; Egle Jakucionyte, University of Amsterdam, The Netherlands
• Publication date
  January 13, 2017

• Keywords
  Debt overhang, foreign currency debt, leveraged banks, small open economy, Hungary
• JEL
  E44, F41, P2