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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Aiyar, Shekhar
Outros autores: Jain-Chandra, Sonali
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/258
Acceso en liña:Full text available on IMF