Martínez Trigueros, Lorenza; Werner, Alejandro M. - In: Journal of development economics 69 (2002) 2, pp. 315-334
The paper analyses the effect that the change from a fixed to a floating exchange rate regime that took place in Mexico in December 1994 had on the currency composition of corporate debt. In particular, the paper asks whether a fixed exchange rate regime biases corporate borrowing towards...