Showing 1 - 10 of 29
This paper analyzes the determinants of spreads on syndicated bank lending to emerging markets, treating the loan … interpretation of bank finance as dominating that segment of international financial markets characterized by the most pronounced …
Persistent link: https://www.econbiz.de/10012471681
This paper explores the basic question of whose monetary policy matters for banks' international lending. In the international context, monetary policies from several countries could come into play: the lender's, the borrower's, and that of a third country, the issuer of the currency in which...
Persistent link: https://www.econbiz.de/10012912467
The paper examines the basic rationale and features of the proposals adopted to separate specific investment and commercial banking activities (Volcker rule, Vickers and Liikanen proposals). In particular, it focuses on the likely implications of such initiatives for: (i) financial stability and...
Persistent link: https://www.econbiz.de/10013081961
A number of countries' authorities put in place bank rescue packages using public funds in response to the global …
Persistent link: https://www.econbiz.de/10013065735
Using a cross-country sample of bank-dependent public firms we study the international spillovers of a change in … banking regulation on corporate borrowing. For identification we examine how US firms' liabilities vis-à-vis banks, non-bank … non-bank financial institutions, without increasing borrowing from corporate bond markets. These results suggest that …
Persistent link: https://www.econbiz.de/10012836875
regardless of the nationality of the parent bank. Which layer matters most? Do these policies create cross-border spillovers? And … decompose growth in cross-border bank lending into separate home, host and common components, and then match each with the home …, which depend on the instrument used and on whether a bank's home or host country implemented them. Home policies tend to …
Persistent link: https://www.econbiz.de/10012837526
bank balance sheet data and a rich data set of syndicated loans with borrower and lender characteristics to show that …
Persistent link: https://www.econbiz.de/10012840118
The post-crisis period has seen a considerable shift in the composition and drivers of international bank lending and … "taper tantrum", and then partially reverted towards pre-crisis levels. Conversely, the responsiveness of international bank … securities. The increased sensitivity of international bank flows to US monetary policy has been driven mainly by post …
Persistent link: https://www.econbiz.de/10012954014
international bank credit into common shocks, idiosyncratic supply shocks and idiosyncratic demand shocks for the period 2000 …-crisis years, bank flows are well-explained by a common global factor and a local demand factor. But during times of crisis flows …
Persistent link: https://www.econbiz.de/10012955840
for a panel of 12 advanced economies, we detect a structural break in international bank funding at the onset of the …
Persistent link: https://www.econbiz.de/10012961267