Mora, Nada; Neaime, Simon; Aintablian, Sebouh - In: Journal of Banking & Finance 37 (2013) 3, pp. 1093-1107
This paper investigates what induces small firms in an emerging market economy to borrow dollar credit from domestic banks. Our data are from a unique survey of firms in Lebanon. The findings complement studies of large firms with foreign currency loans from foreign lenders. Exporters, naturally...