Assuming a risk-neutral bank and assuming household utility to be exponential, we show how under information symmetry …

's desire to tilt, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the …

endogenous information acquisition, using tailored surveys of firms and households. First, we show that firms perceive a greater … exposure to exchange rate movements than households, which is reflected in higher levels of information acquisition and less … rate information strongly increases in various proxies for stake size. Second, households who perceive higher costs of …

endogenous information acquisition, using tailored surveys of firms and households. First, we show that firms perceive a greater … exposure to exchange rate movements than households, which is reflected in higher levels of information acquisition and less … rate information strongly increases in various proxies for stake size. Second, households who perceive higher costs of …

The article relates to the attractiveness of FX housing loans for households which led to over increase in EU countries …