presse@iwh-halle.de
Pills or puts?
Shuo Xia
Financial Times, February 2, 2024
Risky firms just above the investment-grade rating cutoff face the prospect of becoming “fallen angels” upon a downgrade.
Using matched bank-firm-level data and the 2014 depreciation of the euro, we show that exchange rate depreciations can lead to higher loan supply.
This paper studies the relation between growth and task specialization in trade. We measure the task content of exports using world input-output tables for sixty-two advanced and developing countries from 2000 to 2018.