The Great Cross-Border Bank Deleveraging : Supply Constraints and Intra-Group Frictions /
International banks greatly reduced their direct cross-border and local affiliates' lending as the global financial crisis strained balance sheets, lowered borrower demand, and changed government policies. Using bilateral, lender-borrower countrydata and controlling for credit demand, we show t...
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Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2014.
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Series: | IMF Working Papers; Working Paper ;
No. 2014/180 |
Online Access: | Full text available on IMF |