International bank portfolios constitute a large component of international country portfolios. Yet, their response to … macroeconomic conditions and their impact on the international transmission of business cycles developments remains largely … unexplored. We use a novel dataset on banks' international portfolios to answer three questions. First, what are the long …

to unstable international capital flows. At the same time, business cycle volatility in OECD countries seems to have been …

to unstable international capital flows. At the same time, business cycle volatility in OECD countries seems to have been …

International bank portfolios constitute a large component of international country portfolios. Yet, their response to … macroeconomic conditions and their impact on the international transmission of business cycles developments remains largely … unexplored. We use a novel dataset on banks' international portfolios to answer three questions. First, what are the long …