Showing 1 - 8 of 8
States industry is supported by correlations between exchange rate patterns and data on business formation, business failure … sectors of industry. Persistent exchange rate volatility is strongly associated with investment contractions, with this effect …
Persistent link: https://www.econbiz.de/10013227214
export sales and through imported inputs into production. For two-digit United States manufacturing sectors we present time … series of export shares and imported input shares. On average. manufacturing sectors have evolved from being primarily export …
Persistent link: https://www.econbiz.de/10013222973
Significant changes in the external orientation of manufacturing industries are observed in the United States, Canada …, and the United Kingdom, but not in Japan. The observed increases in external orientation are in terms of industry export … dramatic increase in imported input use, accompanied by highly variable patterns of industry net external orientation over the …
Persistent link: https://www.econbiz.de/10013243629
The recent crisis highlighted the importance of globally active banks in linking markets. One channel for this linkage is through how these banks manage liquidity across their entire banking organization. We document that funds regularly flow between parent banks and their affiliates in diverse...
Persistent link: https://www.econbiz.de/10013121030
Using bank-specific data on U.S. bank claims on individual foreign countries since the mid-1980s, this paper: 1) characterizes the size and portfolio diversification patterns of the U.S. banks engaging in foreign lending; and 2) econometrically explores the determinants of fluctuations in U.S....
Persistent link: https://www.econbiz.de/10012787752
The sensitivity of the main global liquidity components, international loan and bond flows, to global factors varied considerably over the past decade. The estimated sensitivity to US monetary policy rose substantially in the immediate aftermath of the Global Financial Crisis, peaked around the...
Persistent link: https://www.econbiz.de/10012952502
While the balance sheet structure of U.S. banks influences how they respond to liquidity risks, the mechanisms for the effects on and consequences for lending vary widely across banks. We demonstrate fundamental differences across banks without foreign affiliates versus those with foreign...
Persistent link: https://www.econbiz.de/10013224887
Domestic prudential regulation can have unintended effects across borders and may be less effective in an environment where banks operate globally. Using U.S. micro-banking data for the first quarter of 2000 through the third quarter of 2013, this study shows that some regulatory changes indeed...
Persistent link: https://www.econbiz.de/10012982940