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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Detalhes bibliográficos
Autor principal: Aiyar, Shekhar
Outros Autores: Jain-Chandra, Sonali
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2012.
Colecção:IMF Working Papers; Working Paper ; No. 2012/258
Acesso em linha:Full text available on IMF