Showing 1 - 10 of 1,094
Persistent link: https://www.econbiz.de/10005100175
Recent discussions at the IMF and the G-20 on strengthening the international monetary system have emphasized, among …
Persistent link: https://www.econbiz.de/10012871908
This paper traces the evolution of the Federal Reserve and its engagement with the global economy over the last three decades of the 20th century: 1970 to 2000. The paper examines the Federal Reserve's role in international economic and financial policy and analysis covering four areas: the...
Persistent link: https://www.econbiz.de/10013032804
We investigate global factors associated with bank capital flows. We formulate a model of the international banking system where global banks interact with local banks. The solution highlights the bank leverage cycle as the determinant of the transmission of financial conditions across borders...
Persistent link: https://www.econbiz.de/10013047533
When does the combination of flexible exchange rates and domestic inflation-oriented monetary policy guarantee insulation from global financial conditions? We examine a dynamic global game model of international portfolio flows where, for some combination of parameters, the unique equilibrium...
Persistent link: https://www.econbiz.de/10013001102
/08 global financial and economic crisis-which were supported by the International Monetary Fund (IMF) and various European …, such as the size of imbalances, financing, unique cooperation of the IMF and various European facilities, and membership of …, including the coexistence of the IMF and regional safety nets, cooperation issues, systemic spillovers, and social implications …
Persistent link: https://www.econbiz.de/10011715721
/08 global financial and economic crisis - which were supported by the International Monetary Fund (IMF) and various European … as the size of imbalances, financing, unique cooperation of the IMF and various European facilities, and membership of a … lessons from European experiences, including the coexistence of the IMF and regional safety nets, cooperation issues, systemic …
Persistent link: https://www.econbiz.de/10011635367
The paper provides a critical review of empirical studies on IMF induced moral hazard. Taken together, there is … are negatively influenced by the insurance. Their policies are more expansive leading to higher probabilities of IMF …
Persistent link: https://www.econbiz.de/10014073285
During the 1990s, the increased propensity to save in emerging market economies triggered massive inflows towards safe assets in the United States; a few years later, rising dollar funding by global banks was concurrent to increasing inflows to private-label US securities. While it is well...
Persistent link: https://www.econbiz.de/10014117915
We investigate the role of global factors in driving cross-border capital flows. We formulate a model of gross capital flows through the banking sector and derive a closed form solution that highlights the leverage cycle of global banks and its interaction with recipient country characteristics....
Persistent link: https://www.econbiz.de/10013109273