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We use household survey data from Hungary to analyse the determinants of foreign currency (FX) borrowing. We do not find evidence that Hungarian FX borrowers are better educated, wealthier or more risk-loving than their peers. In fact, FX borrowing is a common phenomenon driven mostly by...
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We implement a survey of Dutch households in which random subsets of respondents receive information about inflation … evidence that this is likely driven by the fact that Dutch households seem to become more pessimistic about their real income …
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