Showing 1 - 10 of 706
Intro -- Contents -- EXECUTIVE SUMMARY -- I. INTRODUCTION -- II. A BRIEF OVERVIEW OF THEORY -- III. MEASURING FINANCIAL OPENNESS -- IV. PATTERNS OF FINANCIAL GLOBALIZATION -- V. MACROECONOMIC EVIDENCE ON EFFECTS OF FINANCIAL GLOBALIZATION -- VI. HOW DOES THE COMPOSITION OF CAPITAL FLOWS MATTER?...
Persistent link: https://www.econbiz.de/10012690991
We examine the linkages between market and funding liquidity pressures, as well as their interaction with solvency … order to test for the transmission of liquidity shocks across U.S. financial markets. It is found that the interaction …
Persistent link: https://www.econbiz.de/10014409053
Persistent link: https://www.econbiz.de/10012690986
resolution of global imbalances. Current account dynamics are estimated for oil-exporting countries and the rest of the world. We …
Persistent link: https://www.econbiz.de/10012677770
The question of how India should adapt monetary policy to ongoing financial globalization has gained prominence with the recent surge in capital inflows. This paper documents the degree to which India has become financially globalized, both in absolute terms and relative to emerging and...
Persistent link: https://www.econbiz.de/10012677602
Intro -- Contents -- I. INTRODUCTION -- II. SUDDEN STOPS AND MULTILATERAL INSURANCE -- III. CAPITAL FLOWS AND SUDDEN STOPS -- IV. IMF-SUPPORTED PROGRAMS -- V. MULTIVARIATE ANALYSIS -- VI. IMF-SUPPORTED PROGRAMS AND SUDDEN STOPS -- VII. EXTENSIONS -- VIII. CONCLUSIONS AND IMPLICATIONS -- Appendix...
Persistent link: https://www.econbiz.de/10012691059
investigate the transmission of a global financial crisis that originates from financial frictions in the rest of the world. We … Originating in the Domestic Economy -- 4.3 Financial Crisis in the Global Economy -- 4.3.1 The Impact of the financial shock on … the foreign ecocnomy -- 4.3.2 The transmission of the foreign shock onto the domestic economy -- 4.3.3 The role of trade …
Persistent link: https://www.econbiz.de/10012690152
Although cross-border bank lending has fallen sharply since the crisis, extending our bank ownershipdatabase from 1995-2009 up to 2013 shows only limited retrenchment in foreign bank presence. Whilebanks from OECD countries reduced their foreign presence (but still represent 89% of foreign bank...
Persistent link: https://www.econbiz.de/10012690528
This paper draws on a unique data set on the nontraditional systemic liquidity easing measures recently undertaken by …
Persistent link: https://www.econbiz.de/10012677511
We provide one of the first attempts at explaining the differences in the crisis impact across developing countries and emerging markets. Using cross-country regressions to explain the factors driving growth forecast revisions after the eruption of the global crisis, we find that a small set of...
Persistent link: https://www.econbiz.de/10012677512