importer's currency has important implications for the transmission of shocks. We introduce this "dominant currency pricing … a non-US economy that alters the value of its currency multilaterally, expenditure-switching occurs only through imports … dominant currency in global trade. According to ECB-Global, in such a scenario the global spillovers from US shocks are smaller …

importer's currency has important implications for the transmission of shocks. We introduce this "dominant currency pricing … a non-US economy that alters the value of its currency multilaterally, expenditure switching occurs only through imports … dominant currency in global trade. According to ECB-Global, in such a scenario the global spillovers from US shocks are smaller …

foreign currency bank lending. We show that the patterns differ sharply across foreign currencies. The Swiss franc is used … measures aimed at foreign currency lending have a clear impact on lending to residents. Our analysis shows that not all foreign …

foreign currency bank lending. We show that the patterns differ sharply across foreign currencies. The Swiss franc is used … measures aimed at foreign currency lending have a clear impact on lending to residents. Our analysis shows that not all foreign …

foreign currency bank lending. We show that the patterns differ sharply across foreign currencies. The Swiss franc is used … measures aimed at foreign currency lending have a clear impact on lending to residents. Our analysis shows that not all foreign …

foreign currency bank lending. We show that the patterns differ sharply across foreign currencies. The Swiss franc is used … to residents. The results underline that not all foreign currencies are alike when it comes to foreign currency bank … drivers identified for Swiss franc lending. Policy measures aimed at foreign currency lending have a clear impact on lending …