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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Dettagli Bibliografici
Autore principale: Aiyar, Shekhar
Altri autori: Jain-Chandra, Sonali
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/258
Accesso online:Full text available on IMF