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the share of FC-denominated debt
in liabilities (the FC-denominated debt dummy) on
firm-specific betas from the pass-through regressions and
Home-Foreign interest rate differential.
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Yield differential 4 /7
Ex post yield differential (local currency-USD)
Housing prices 5 /7
- What is the expected response of housing inflation to external shocks?
to binary choice
cov(, e) 1 E
x =1
V[e] 2
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Discussion
Advantages of the sufficient statistic:
— independent of fundamentals behind and
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31.03.2021
silver coins in the denomination of 25 rubles (fine metal content 155.5 g, fineness 925/1,000) have a round shape and are 60.
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31.03.2021
borrowers. Large companies account for the largest portion of the restructured loans (5.5 trillion rubles). Approximately 40% of them had a high leverage, which