The Domestic Credit Supply Response to International Bank Deleveraging : Is Asia Different? /
During the global financial crisis, European banks contracted foreign claims on recipient economies sharply. This paper examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia. Identification is achieved by exploiting heterogeneity in ex-ante...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2012.
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Series: | IMF Working Papers; Working Paper ;
No. 2012/258 |
Online Access: | Full text available on IMF |