Series: IMF Working Papers
Author(s): Kyuil Chung , Jong-Eun Lee , Elena Loukoianova , Hail Park , and Hyun Shin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 January 2014
Keywords: Corporate deposits, offshore bond issuance, capital inflow, capital flows, capital markets, debt securities, General, International Monetary Arrangements and Institutions,
This paper examines how the financial activities of non-financial corporates (NFCs) in international markets potentially affects domestic monetary aggregates and financial conditions. Monetary aggregates reflect, i...