) the level of countries portfolio investment concentration (those who invest evenly among counterparties versus those who … invest more heavily in some counterparties); (2) the share of total portfolio investment assets invested at the destination …; and (3) pre- and during the crisis periods. We find that portfolio investment positions respond differently to …

This paper examines the impact of interest rates and inflation on bank loans and investment within a framework that … treating the lending and deposit rates of interest as distinct parameters in investment equations. The spread between the two …