Replication data for: The Dollar, Bank Leverage, and Deviations from Covered Interest Parity
- Avdjiev, Stefan
- Du, Wenxin
- Koch, Cathérine
- Shin, Hyun Song
AbstractWe document a triangular relationship in that a stronger dollar goes hand in hand with larger deviations from covered interest parity (CIP) and contractions of cross-border bank lending in dollars. We argue that underpinning the triangle is the role of the dollar as a key barometer of risk-taking capacity in global capital markets.
Is supplement to
DOI: 10.1257/aeri.20180322 (Text)
Avdjiev, Stefan, Wenxin Du, Cathérine Koch, and Hyun Song Shin. “The Dollar, Bank Leverage, and Deviations from Covered Interest Parity.” American Economic Review: Insights 1, no. 2 (September 1, 2019): 193–208. https://doi.org/10.1257/aeri.20180322.
- ID: 10.1257/aeri.20180322 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07