US dollar credit is growing quickly outside the United States, especially in Asia, and in some economies it has … outpaced overall credit growth. Cross-border sources of credit bear watching in view of their record of outgrowing overall … credit in credit booms. Foreign currency and cross-border sources of credit raise policy issues …

exploit GFC shocks and Brazilian interventions in FX derivatives using three matched administrative registers: credit, foreign … credit flows to banks, and employer-employee. After U.S. Federal Reserve Taper Tantrum (followed by strong Emerging Markets FX … depreciation and volatility increase), Brazilian banks with larger ex-ante reliance on foreign debt strongly cut credit supply …

exploit GFC shocks and Brazilian interventions in FX derivatives using three matched administrative registers: credit, foreign … credit flows to banks, and employer-employee. After U.S. Federal Reserve Taper Tantrum (followed by strong Emerging Markets … credit supply, thereby reducing firm-level employment. However, a large FX intervention program supplying derivatives against …

trajectory while small loans outstanding continued to decline. Anecdotal evidence suggests that firms used trade credit to smooth … over cash flow problems. The current paper looks at recent trends in trade credit use by small businesses based on a recent … poll done by the Credit Research Foundation. The results highlight the importance of business to business credit for small …