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Stefan Avdjiev

Papers by Stefan Avdjiev tracked in the Macro Paper Warehouse.

2 papers tracked 0 forthcoming 2 classics
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Published Classic American Economic Review: Insights Published Sep 2019
The Dollar, Bank Leverage, and Deviations from Covered Interest Parity

Stefan Avdjiev · Wenxin Du · Cathérine Koch · Hyun Song Shin

The strength of the US dollar, the size of covered interest parity deviations and the growth of dollar-denominated cross-border bank lending move together in what the authors call a triangular …