Maskay, Nephil Matangi; Steinkamp, Sven; Westermann, Frank - Institut für Empirische Wirtschaftsforschung, … - 2014
currency deposits on commercial bank balance sheets. In this data set we find that: (i) Banks hedge their FX exposure by … deposits primarily lend to firms in traded-goods sectors. They lend only little to the non-traded sectors, as well as deprived … the additional creation of domestic deposits – that benefits all sectors of the economy. …