Colliac, Stéphane; Akmar, Nader - In: Economics Bulletin 6 (2005) 23, pp. 1-12
The empirical literature on "original sin" could be misleading. Eichengreen and Hausmann (1999) defined "original sin" as a liability dollarization bias and as a short term maturity bias. This is a source of concern for all emerging borrowers. However, the existing estimators of "original sin"...