{"id":"https://openalex.org/W2034729871","doi":"https://doi.org/10.2307/1991347","title":"Exchange Risk, Political Risk, and Investor Demand for External Currency Deposits","display_name":"Exchange Risk, Political Risk, and Investor Demand for External Currency Deposits","publication_year":1975,"publication_date":"1975-05-01","ids":{"openalex":"https://openalex.org/W2034729871","doi":"https://doi.org/10.2307/1991347","mag":"2034729871"},"language":"en","primary_location":{"id":"doi:10.2307/1991347","doi":"https://doi.org/10.2307/1991347","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1991347","pdf_url":null,"source":{"id":"https://openalex.org/S2058785","display_name":"Journal of money credit and banking","issn_l":"0022-2879","issn":["0022-2879","1538-4616"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Money, Credit and Banking","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5028500061","display_name":"Robert Z. Aliber","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Robert Z. Aliber","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5028500061"],"corresponding_institution_ids":[],"apc_list":{"value":3800,"currency":"USD","value_usd":3800},"apc_paid":null,"fwci":3.315,"has_fulltext":false,"cited_by_count":36,"citation_normalized_percentile":{"value":0.91597568,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"7","issue":"2","first_page":"161","last_page":"161"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9229000210762024,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9229000210762024,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.048900000751018524,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14317","display_name":"Finance, Markets, and Regulation","score":0.006200000178068876,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/foreign-exchange-risk","display_name":"exchange rate risk","score":0.7919999957084656},{"id":"https://openalex.org/keywords/political-risk","display_name":"political risk","score":1.0},{"id":"https://openalex.org/keywords/foreign-exchange-market","display_name":"foreign exchange market","score":0.6150000095367432},{"id":"https://openalex.org/keywords/investor-portfolio-choice","display_name":"investor portfolio choice","score":0.5669999718666077},{"id":"https://openalex.org/keywords/international-money-market","display_name":"international money market","score":0.6769999861717224},{"id":"https://openalex.org/keywords/financial-regulation","display_name":"financial regulation","score":0.5649999976158142},{"id":"https://openalex.org/keywords/deposit-demand","display_name":"deposit demand","score":0.31200000643730164}],"concepts":[{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.7637679576873779},{"id":"https://openalex.org/C165705269","wikidata":"https://www.wikidata.org/wiki/Q1542397","display_name":"Foreign exchange risk","level":3,"score":0.7376755475997925},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.630399227142334},{"id":"https://openalex.org/C63143784","wikidata":"https://www.wikidata.org/wiki/Q7885121","display_name":"Political risk","level":3,"score":0.5952494740486145},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5840541124343872},{"id":"https://openalex.org/C73858035","wikidata":"https://www.wikidata.org/wiki/Q1164550","display_name":"Market risk","level":2,"score":0.4821171760559082},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.45785319805145264},{"id":"https://openalex.org/C536366893","wikidata":"https://www.wikidata.org/wiki/Q66076","display_name":"Foreign exchange market","level":3,"score":0.4277225732803345},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.42466408014297485},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.3716856837272644},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.368678480386734},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.34026551246643066},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2822916507720947},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.2307/1991347","doi":"https://doi.org/10.2307/1991347","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1991347","pdf_url":null,"source":{"id":"https://openalex.org/S2058785","display_name":"Journal of money credit and banking","issn_l":"0022-2879","issn":["0022-2879","1538-4616"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Money, Credit and Banking","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:mcb:jmoncb:v:7:y:1975:i:2:p:161-79","doi":null,"is_oa":false,"landing_page_url":"http://links.jstor.org/sici?sici=0022-2879%28197505%297%3A2%3C161%3AERPRAI%3E2.0.CO%3B2-X&origin=bc","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":1,"referenced_works":["https://openalex.org/W1560457609"],"related_works":["https://openalex.org/W2952730228","https://openalex.org/W2992863159","https://openalex.org/W3010612077","https://openalex.org/W4390285424","https://openalex.org/W937276071","https://openalex.org/W139970138","https://openalex.org/W2907868889","https://openalex.org/W3121256637","https://openalex.org/W4211198206","https://openalex.org/W7099532560"],"abstract_inverted_index":{"The":[0,24],"growth":[1,86,145],"of":[2,21,33,58,87,100,110,122,143,146,162],"the":[3,12,28,55,62,71,85,88,97,120,123,131,144,147,159],"external":[4,29,51,89,124],"currency":[5,63,98,160],"market":[6,30,90,148],"is":[7,78,82,128],"an":[8],"institutional":[9],"response":[10],"to":[11,93,153,157],"costs":[13],"and":[14,37,103],"risks":[15],"that":[16,84,104,130],"derive":[17],"from":[18,42],"national":[19,134],"regulation":[20],"financial":[22],"transactions.l":[23],"deposits":[25,52,67,75,115],"produced":[26,77],"within":[27],"have":[31,137],"combinations":[32],"exchange":[34],"risk":[35,39,56],"attributes":[36,40,57],"political":[38],"different":[41],"those":[43],"associated":[44],"with":[45],"domestic":[46],"deposits.":[47],"Investors":[48],"who":[49],"acquire":[50],"necessarily":[53],"alter":[54,158],"their":[59,66,111,163],"portfolios;":[60],"either":[61],"in":[64,73,96,113,119],"which":[65,74],"are":[68,76,151],"denominated":[69],"or":[70,149],"country":[72],"changed.":[79],"Frequently":[80],"it":[81,127],"asserted":[83,129],"has":[91],"led":[92],"a":[94,107,141],"change":[95],"mix":[99,161],"investor":[101],"portfolios":[102,112,164],"investors":[105,150],"hold":[106],"larger":[108],"share":[109],"dollardenominated":[114],"than":[116],"they":[117],"would":[118],"absence":[121],"market.2":[125],"Sometimes":[126],"links":[132],"among":[133],"money":[135],"markets":[136],"been":[138],"tightened":[139],"as":[140],"result":[142],"said":[152],"be":[154],"more":[155],"willing":[156]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":3}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}
