Showing 1 - 10 of 1,471
We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks …. But differences remain. Using a gravity model with a novel measure of distance capturing the role of foreign affiliates … across all bank nationalities, we find that larger distances deter cross-border bank lending to EMDEs more than to AEs. For …
Persistent link: https://www.econbiz.de/10012392600
A view receiving increased support is that the height of trade costs in prime export sectors has a strong effect on current account balances: countries specializing in sectors that face relatively high trade costs, such as services, tend to run current account deficits, and similarly, countries...
Persistent link: https://www.econbiz.de/10012001519
Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances …. First, the difficulty of gravity models in fitting the observed level of bilateral balances is likely due to the presence of …
Persistent link: https://www.econbiz.de/10012391997
We analyze trade dynamics following past episodes of financial crises. Using an augmented gravity model and 179 crisis …, on average-and this decline is persistent, with imports recovering to their gravity-predicted levels only after 10 years …
Persistent link: https://www.econbiz.de/10014403222
identifies some key patterns of cross-border investment in bank subsidiaries by key banking groups in sub-Saharan Africa (SSA …) and discusses some of the determinants of this investment. Using a gravity model relating the annual value of a banking …
Persistent link: https://www.econbiz.de/10012102113
We analyze the joint impact of macroprudential and capital control measures on cross-border banking flows, while controlling for multidimensional aspects in lender-and-borrower-relationships (e.g., distance, cultural proximity, microprudential regulations). We uncover interesting spillover...
Persistent link: https://www.econbiz.de/10011932242
orientation, pressures on funding models and entity structures could affect the efficiency of capital flows through the bank …
Persistent link: https://www.econbiz.de/10012155182
Global merchandise trade expanded rapidly over the last 6 1\2 decades and its relationship with global income has seen ebbs and flows. This paper examines the shifts in this relationship using time series data over 1950-2014 and situates it in the current and longer term context. The...
Persistent link: https://www.econbiz.de/10011711761
In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...
Persistent link: https://www.econbiz.de/10014402215
This paper reviews controversies regarding linkage of international trade and labor standards. Pressures for international harmonization of labor standards arise in the context of increased trade between countries with large disparities in wages, and also reflect the history of labor standards....
Persistent link: https://www.econbiz.de/10014403361