currency mismatches within emerging economies but not to eliminate them. Other countries have limited original sin by limiting …

currency mismatches within emerging economies but not to eliminate them. Other countries have limited original sin by limiting …

mismatches around the 2002 Brazilian currency crisis. We found that between 2001 and 2003, firms with large currency mismatches … showed that the currency depreciation increased exporters revenue, but those with currency mismatches reduced investments 12 … the real sector of the economy. To test these models, we built a firm-level database that allowed us to measure currency …

mismatches around the 2002 Brazilian currency crisis. We found that between 2001 and 2003, firms with large currency mismatches … showed that the currency depreciation increased exporters revenue, but those with currency mismatches reduced investments 12 … the real sector of the economy. To test these models, we built a firm-level database that allowed us to measure currency …