BHC FX Exposure¶
Definition¶
Fee and interest income from loans in foreign offices BHCK4059
scaled by total interest income BHCK4107
.
\text{FX Exposure}_{i,t}=\frac{\text{BHCK4059}_{i,t}}{\text{BHCK4107}_{i,t}}
where BHCK4059
and BHCK4107
are from the Bank Holding Company data by the Federal Reserve Bank of Chicago.1
Reference¶
Rampini, Viswanathan and Vuillemey (2020 JF).
Last update: August 10, 2020