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Christian Friedrich

Senior Research Advisor, Financial Stability · Bank of Canada

Senior Research Advisor in the Financial Stability Department at the Bank of Canada. Listed research fields are international macroeconomics, international trade and finance, and monetary and fiscal policy; co-authored work on macroprudential FX regulation.

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Published Classic Journal of Financial Economics Published Apr 2021
Macroprudential FX regulations: Shifting the snowbanks of FX vulnerability?

Toni Ahnert · Kristin Forbes · Christian Friedrich · Dennis Reinhardt

Macroprudential rules on banks' foreign currency exposure do what they are meant to do -- cross-border FX borrowing by banks falls by roughly a third, and bank stock returns become markedly less …

Macroprudential Policy Exchange Rates Capital Flows Financial Stability Free Read ↗