Essec\Faculty\Model\Contribution {#2190
  #_index: "academ_contributions"
  #_id: "1219"
  #_source: array:25 [
    "id" => "1219"
    "slug" => "financial-instability-under-a-flexible-exchange-rate"
    "yearMonth" => "2007-01"
    "year" => "2007"
    "title" => "Financial Instability under a Flexible Exchange Rate"
    "description" => "BESANCENOT, D. et VRANCEANU, R. (2007). Financial Instability under a Flexible Exchange Rate. <i>Scandinavian Journal of Economics</i>, pp. 291-302."
    "authors" => array:2 [
      0 => array:3 [
        "name" => "VRANCEANU Radu"
        "bid" => "B00000524"
        "slug" => "vranceanu-radu"
      ]
      1 => array:1 [
        "name" => "BESANCENOT D."
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:6 [
      0 => "Anticipations rationnelles"
      1 => "Crises financières"
      2 => "Dette en dollars"
      3 => "PVDs"
      4 => "Rational Expectations"
      5 => "Taux de change"
    ]
    "updatedAt" => "2020-12-17 17:55:06"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "291-302"
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "L'article met en relief un risque spécifique qui peut toucher les pays dont les entreprises sont fortement endettées en dollars, lorsque la flexibilité du taux de change augmente. On montre comment un très faible risque d'insolvabilité peut engendrer une crise d'illiquidité."
      "en" => "Many governments in developing countries contemplate the possibility of increasing the flexibility of their exchange rates despite having accumulated substantial dollar-denominated debt. Using a model of corporate dollar debt in which the future exchange rate is uncertain, this paper studies the financial risks that might arise as a consequence of increased exchange rate flexibility."
    ]
    "authors_fields" => array:2 [
      "fr" => "Economie"
      "en" => "Economics"
    ]
    "indexedAt" => "2023-12-04T06:22:12.000Z"
    "docTitle" => "Financial Instability under a Flexible Exchange Rate"
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/vranceanu-radu">VRANCEANU Radu</a>, BESANCENOT D."
    "docDescription" => "<span class="document-property-authors">VRANCEANU Radu, BESANCENOT D.</span><br><span class="document-property-authors_fields">Economics</span> | <span class="document-property-year">2007</span>"
    "keywordList" => "<a href="#">Anticipations rationnelles</a>, <a href="#">Crises financières</a>, <a href="#">Dette en dollars</a>, <a href="#">PVDs</a>, <a href="#">Rational Expectations</a>, <a href="#">Taux de change</a>"
    "docPreview" => "<b>Financial Instability under a Flexible Exchange Rate</b><br><span>2007-01 | Journal articles </span>"
    "docType" => "research"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 9.254995
  +"parent": null
}