Herrmann, Sabine; Mihaljek, Dubravko - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2011
This paper studies the nature of spillover effects in bank lending flows from advanced to the emerging market economies and identifies specific channels through which such effects occur. We examine a panel data set of cross-border bank flows from 17 advanced to 28 emerging market economies in...
