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Published in 2021 at "Journal of International Money and Finance"
DOI: 10.1016/j.jimonfin.2021.102377
Abstract: Abstract We investigate the empirical link between external debt composition and domestic credit cycles. Using quarterly data for 40 countries between 1980 and 2015, we show that two dimensions of external debt composition (ie instrument…
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Keywords:
external debt;
domestic credit;
debt composition;
credit ... See more keywords