Narrow search
Showing 1 - 10 of 1,448
Cover Image
Capital Flows, Push versus Pull Factors and the Global Financial Crisis
Fratzscher, Marcel - 2013
The causes of the 2008 collapse and subsequent surge in global capital flows remain an open and highly controversial issue. Employing a factor model coupled with a dataset of high-frequency portfolio capital flows to 50 economies, the paper finds that common shocks – key crisis events as well...
Persistent link: https://www.econbiz.de/10013092662
Cover Image
On the Determinants of External Imbalances and Net International Portfolio Flows : A Global Perspective
De Santis, Roberto A.; Lührmann, Melanie - 2021
In a panel covering a large number of countries from 1970 to 2003, we show that net portfolio flows play an important role in correcting external imbalances, since they are driven by common determinants represented by countries' demographic profiles, the quality of institutions, monetary...
Persistent link: https://www.econbiz.de/10013317564
Cover Image
The Global Financial Cycle and Capital Flow Episodes : A Wobbly Link?
Scheubel, Beatrice - 2019
We add to the literature on the influence of the global financial cycle (GFC) and gyrations in capital flows. First, we build a new measure of the GFC based on a structural factor approach, which incorporates theoretical priors in its definition. This measure can also be decomposed in a...
Persistent link: https://www.econbiz.de/10012858258
Cover Image
The Great Moderation in International Capital Flows : A Global Phenomenon?
McQuade, Peter - 2016
This paper highlights a recent ‘great moderation' in global capital flows, characterized by smaller volumes and lower volatility of cross-border transactions. However, there are substantial differences across countries and regions which we analyse by comparing the level of international...
Persistent link: https://www.econbiz.de/10012983089
Cover Image
Sudden Stop of Capital Flows and the Consequences for the Banking Sector and the Real Economy
Neagu, Florian - 2013
consequences of the liquidity stress to the solvency ratio; (ii) quantify the liquidity deficit that a central bank should …
Persistent link: https://www.econbiz.de/10013075929
Cover Image
The Global Capital Flows Cycle : Structural Drivers and Transmission Channels
Habib, Maurizio Michael - 2019
In this paper, we study the effects of structural shocks that influence global risk – the main factor behind a “global capital flows cycle” – and how risk, in turn, is transmitted to capital flows. Our results show that not all the risk shocks driving the global financial cycle have the...
Persistent link: https://www.econbiz.de/10012870421
Cover Image
Domestic and Multilateral Effects of Capital Controls in Emerging Markets
Pasricha, Gurnain Kaur - 2015
-border bank lending). Spillovers seem to be more prevalent in Latin America than in Asia, reflecting the greater role of cross …
Persistent link: https://www.econbiz.de/10013016947
Cover Image
Financial Remoteness and the Net External Position
Schmitz, Martin - 2011
This paper shows that, controlling for standard determinants of net external positions, financially-remote countries exhibit more positive net external positions. This finding is found to be stronger for less advanced countries, hinting at external funding problems for more remote countries....
Persistent link: https://www.econbiz.de/10013127570
Cover Image
Cross-Border Banking and the International Transmission of Financial Distress During the Crisis of 2007-2008
Popov, Alexander A. - 2010
by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on …
Persistent link: https://www.econbiz.de/10013143334
Cover Image
Securitization and lending standards: evidence from the wholesale loan market
Kara, Alper; Marqués-Ibáñez, David; Ongena, Steven - 2011
. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more …We investigate the effect of securitization activity on banks’ lending standards using evidence from pricing behavior … aggressive on their loan pricing practices. This suggests that securitization activity lead to laxer credit standards …
Persistent link: https://www.econbiz.de/10011605408