Similar Search Results

Financial integration and foreign banks in Latin America : how do they impact the transmission of external financial shocks?

Galindo Andrade, Arturo José; Izquierdo, Alejandro; … - 2010

This paper explores the impact of international financial integration on credit markets in Latin America, using a cross … international financial shocks on aggregate credit and interest rate fluctuations. Nonetheless, the net impact of integration on … deepening credit markets dominates for the large majority of states of nature. The paper also uses a detailed bank-level dataset …

Persistent link: https://www.econbiz.de/10010247923

Monetary policy, credit institutions and the bank lending channel in the euro area

Altavilla, Carlo; Andreeva, Desislava Č.; Boucinha, Miguel - 2019

As the euro area has a predominantly bank-based financial system, changes in the composition and strength of banks’ balance sheets can have very sizeable implications for the transmission of monetary policy. This paper provides an overview of developments in banks’ balance sheets,...

Persistent link: https://www.econbiz.de/10012009071

Risk Taking and Low Longer-Term Interest Rates : Evidence from the U.S. Syndicated Loan Market

Aramonte, Sirio - 2017

-term interest rates are exceptionally low, and we study the ex-ante credit risk of loans acquired by different types of lenders …-finance vehicles take higher credit risk when investors expect interest rates to remain low. Banks originate riskier loans that they …

Persistent link: https://www.econbiz.de/10012971007