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This paper analyzes the determinants of spreads on syndicated bank lending to emerging markets, treating the loan … banks in providing credit to smaller borrowers about whom information is least complete and, more generally, support the … interpretation of bank finance as dominating that segment of international financial markets characterized by the most pronounced …
Persistent link: https://www.econbiz.de/10012471681
This paper analyzes the determinants of spreads on syndicated bank lending to emerging markets, treating the loan … banks in providing credit to smaller borrowers about whom information is least complete and, more generally, support the … interpretation of bank finance as dominating that segment of international financial markets characterized by the most pronounced …
Persistent link: https://www.econbiz.de/10012788956
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implies a distinction between generalized financial crises on the one hand and isolated bank failures, debt defaults and … defaults; and between exchange-market disturbances and bank failures. In both the 1930s and 1980s, the institutional …
Persistent link: https://www.econbiz.de/10012774821
between generalized financial crises on the one hand and isolated bank failures, debt defaults and foreign-exchange market …-market disturbances and bank failures. In both the 1930s and 1980s, the institutional environment was drastically altered by rapid change …
Persistent link: https://www.econbiz.de/10012476943