.S. policies, and bank-specific heterogeneity influences the magnitudes of transmission. The effects are supportive of the … international bank lending channel and the portfolio channel of monetary policy transmission. They also show that the frictions that …. The forms of bank balance sheet heterogeneity that differentiate spillovers across banks are not uniform across countries …

In May-July 1931, a series of financial panics shook Central Europe before spreading to the rest of the world. This … examines the role of cross-border banking linkages in international crisis transmission. Using archival bank-level data, I …

In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a … particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a … outside the bank as depositors rushed to withdraw their deposits. There was always a fear that this could spark a systemic run …

Xu (2022) estimates the causal impact of bank failures on the level of trades with a staggered difference …, based on historical data on the trades and loans between London banks and banks around the world, show that countries … exposed to bank failures in London immediately exported significantly less and did not recover their lost growth relative to …