Showing 41 - 50 of 121
Persistent link: https://www.econbiz.de/10010442826
In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu 2007; Luo 2007; Ran et al. 2007). Motivated by Alfaro et al.'s (2003) model, this study tests whether poor financial market development might be responsible...
Persistent link: https://www.econbiz.de/10013121874
This study introduces Asian evidence on implications of foreign bank lending for financial shock transmission. The region's most recent experience of the Global Financial Crisis reveals that transmission through balance sheet adjustments and interbank markets is significant for global foreign...
Persistent link: https://www.econbiz.de/10013101502
This paper empirically investigates two questions. First, what makes a bank hedge in certain periods but not in others? We find that banks are more likely to be hedgers with interest rate derivatives when loan commitment, demand deposit, ROE, size and credit spread are higher; higher interest...
Persistent link: https://www.econbiz.de/10012730451
Nearly 200 million children are engaged in child labor, many in developing countries that are part of the supply base of global manufacturing networks. This paper models a multinational firm in a developed country selling the product made by a supplier in a developing country. The firm can...
Persistent link: https://www.econbiz.de/10012937542
This paper uses a new approach to measuring financial openness, highlighting interconnectedness in a network of financial flows. Applying an adapted version of eigenvector centrality, often used in network analysis, the new measure captures multidimensional and high-degree financial relations...
Persistent link: https://www.econbiz.de/10012858049
This paper studies the recent (2007-2009) Global Financial Crisis and its transmission through bank lending to emerging Asian economies. It highlights two channels of shock transmission identified in the literature: bank ownership and liquidity. We find that the bank ownership does not play a...
Persistent link: https://www.econbiz.de/10013053307
While deeper financial integration is often considered conducive to the efficient allocation of resources and risk sharing, an increasingly important policy concern is whether it brings greater vulnerability to shocks. To address the latter concern, this paper uses a different approach to...
Persistent link: https://www.econbiz.de/10013021103
Persistent link: https://www.econbiz.de/10012654972
Does unconventional monetary policy have a distributional effect on household credit? To answer this question, I use granular data in 17 Eurozone countries from the ECB Household Finance and Consumption Survey (HFCS) and look at the household credit in the ”pre-APP (ECB’s Asset Purchase...
Persistent link: https://www.econbiz.de/10013240179