UNA NOTA SOBRE LA NUEVA OLA DE DEUDA EN MONEDA EXTRANJERA EN LAS FIRMAS NO FINANCIERAS DE LATINOAMÉRICA

  • Javier García Cicco Banco Central de la República Argentina
  • Enrique Kawamura Universidad de San Andrés
Palabras clave: deuda en moneda extranjera, características de la empresa

Resumen

Este artículo presenta nueva evidencia sobre determinantes de pasivos en moneda extranjera de empresas en seis países de Latinoamérica, incluyendo períodos posteiores a la crisis sub-prime, diferenciando entre pasivos totales y financieros en mo-neda extranjera. Los resultados principales indican que ciertas características espe-cíficas son claves para entender estas deudas. Firmas que exportan deciden diferen-temente entre pasivos totales y financieros en moneda extranjera, manteniendo más deuda total y menos deuda financiera en moneda extranjera que la firma promedio. Empresas de propiedad extranjera mantienen menos pasivos totales en moneda ex-tranjera. Las variables macroeconómicas sólo importan cuando se las interactúa con tipos de empresas. 

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Publicado
2019-06-01
Cómo citar
García Cicco, J., & Kawamura, E. (2019). UNA NOTA SOBRE LA NUEVA OLA DE DEUDA EN MONEDA EXTRANJERA EN LAS FIRMAS NO FINANCIERAS DE LATINOAMÉRICA. Revista De Economía Política De Buenos Aires, (18), 50-76. Recuperado a partir de http://ojs.econ.uba.ar/index.php/REPBA/article/view/1572
Sección
SECCIÓN DE ECONOMÍA POLÍTICA