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- W3196408096 abstract "We analyze the exchange rate exposure of firms in Russia and European Union (EU) accession countries from Central and Eastern Europe: Poland, Hungary, and the Czech Republic. We control for potential effects of exchange rate regimes, the subprime mortgage and Russian financial crisis, EU accession, and the turn-of-the-year effect. We find significant exposure for 60% and 52% of firms in the CEEC-3 and Russia, respectively. Magnitude and direction of firms' exposure depends on the currency pair (versus either the euro or U.S. dollar) and differs between CEEC-3 and Russia. Differences may result from dissimilar exposure channels in the respective economies." @default.
- W3196408096 created "2021-09-13" @default.
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- W3196408096 date "2022-06-01" @default.
- W3196408096 modified "2023-10-16" @default.
- W3196408096 title "Exchange rate exposure for exporting and domestic firms in central and Eastern Europe" @default.
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- W3196408096 doi "https://doi.org/10.1016/j.ememar.2021.100863" @default.
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