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The recent crisis highlighted the importance of globally active banks in linking markets. One channel for this linkage is the liquidity management of these banks, specifically the regular flow of funds between parent banks and their affiliates in diverse foreign markets. We use the Great...
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consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I … address the monetary autonomy issue in the context of the international policy trilemma: Countries seek three typically … desirable but jointly unattainable objectives-stable exchange rates, free international capital mobility, and monetary policy …
Persistent link: https://www.econbiz.de/10010201279
The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically … evidence for the lending channel for monetary policy in large banks, but only those banks that are domestically-oriented and …
Persistent link: https://www.econbiz.de/10003770968
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The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically …
Persistent link: https://www.econbiz.de/10003781564
"The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically … evidence for the lending channel for monetary policy in large banks, but only those banks that are domestically-oriented and …
Persistent link: https://www.econbiz.de/10003726902
The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically … evidence for the lending channel for monetary policy in large banks, but only those banks that are domestically-oriented and …
Persistent link: https://www.econbiz.de/10012991118
The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically … evidence for the lending channel for monetary policy in large banks, but only those banks that are domestically-oriented and …
Persistent link: https://www.econbiz.de/10012464544