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Network, established in 2012, brings together researchers from around the world with access to micro-level data on individual … studies conducted in eleven countries to explore liquidity risk transmission. Among the main results is, first, that … explanatory power of the empirical model is higher for domestic lending than for international lending. Second, how liquidity risk …
Persistent link: https://www.econbiz.de/10012458364
Global banks played a significant role in the transmission of the 2007 to 2009 crisis to emerging market economies. We examine the relationships between adverse liquidity shocks on main developed-country banking systems to emerging markets across Europe, Asia, and Latin America, isolating loan...
Persistent link: https://www.econbiz.de/10012462678
lending to global risk conditions declined considerably post-crisis and became similar to that of international debt …. By contrast, the post-crisis fall in the sensitivity of international bank lending to global risk was mainly due to a …
Persistent link: https://www.econbiz.de/10012455117
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/10012461303
conditions like risk sentiment, discussed in the context of the global financial cycle, depends on the characteristics and … provides policy-relevant lessons. International spillovers of monetary policy and risk sentiment through global liquidity … partially alleviated. However, risk migration across types of financial intermediaries underscores the importance of advancing …
Persistent link: https://www.econbiz.de/10014322743