in which such banks cut dollar lending more than euro lending in response to a shock to their credit quality. Because … these banks rely on wholesale dollar funding, while raising more of their euro funding through insured retail deposits, the … dollar funding, there were significant violations of euro-dollar CIP. Moreover, dollar lending by Eurozone banks fell …

identification procedure based on conditional heteroskedasticity (ARCH) that solves the problem of estimation in a linear …

additively and interacts with treatment variables. We present identification and estimation methods for parameters of interest in …