The Impact of Inflation and Devaluation on the Selection of an International Borrowing Source

Clovis de Faro and James V Jucker
Additional contact information
James V Jucker: Stanford University

Journal of International Business Studies, 1973, vol. 4, issue 2, 97-104

Abstract: The problem considered is that of the firm that must choose from a set of feasible borrowing sources that includes foreign as well as domestic sources. Expressions are developed for the effective cost of borrowing under conditions of inflation and devaluation and under the condition of either local or foreign ownership of the firm. One simple decision rule is shown to be sufficient for choosing an international borrowing source, and this rule is compared with-a rule from the literature.© 1973 JIBS. Journal of International Business Studies (1973) 4, 97–104

Date: 1973
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.palgrave-journals.com/jibs/journal/v4/n2/pdf/8490764a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/jibs/journal/v4/n2/full/8490764a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jintbs:v:4:y:1973:i:2:p:97-104

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/41267/PS2

Access Statistics for this article

Journal of International Business Studies is currently edited by John Cantwell

More articles in Journal of International Business Studies from Palgrave Macmillan, Academy of International Business
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().