This paper analyzes a two-country model of currency, banks and endogenous default to study whether impediments to … impediments induce a higher cost for banks to manage cross-border credit compared to domestic credit, welfare may not be maximal …

This paper presents a model of the portfolio and financing adjustments of U.S. banks over the business cycle. At the …

estimates of any log-log model coefficients, as lond as banks panel data is used and fixed effects are included in the estimated …

estimates of any log-log model coefficients, as lond as banks panel data is used and fixed effects are included in the estimated …

credit market integration are captured by variations in the cost for banks to grant credit for cross-border purchases. We …