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 … affects bank lending depends on whether the banks are drawing on official-sector liquidity facilities. Third, liquidity …

The development of macroprudential policy tools has been one of the most significant changes in banking regulation in … instruments to study international spillovers of prudential policy changes and their effects on bank lending growth. The … bank lending. Second, international spillovers vary across prudential instruments and are heterogeneous across banks. Bank …

, especially for U.S. policies, and bank-specific heterogeneity influences the magnitudes of transmission. The effects are … supportive of the international bank lending channel and the portfolio channel of monetary policy transmission. They also show … source of heterogeneity. The forms of bank balance sheet heterogeneity that differentiate spillovers across banks are not …