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This study investigates what drives the credit cycle, focusing on the role of foreign funded bank credit (FFC …). Considering credit cycles in 41 countries over the period 1985-2015, this study finds that credit booms are associated with an … credit cycles. The impact of FFC on credit booms is however significantly higher in emerging countries. While FFC increases …
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Assessing liquidity transformation risks in MFs is difficult, largely due to a lack of detailed data on fund assets' liquidity. In this note, we identify some indicators of funds' liquidity profiles, and examine them in a sample of bank loan (BL, also referred to as “leveraged loans”) and...
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Investmentfonds - ihr Nutzen für Wirtschaft und Gesellschaft Kundenschutz und Regulierung der Fondsbranche … Wettbewerbsvorteile und Anlegervertrauen schaffen. Investmentfonds bieten enorme Vorteile gegenüber Asset-Klassen mit höherer Komplexität …
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when banks do not, their own stress can trigger a contractionary credit supply effect for firms. …
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