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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Detalles Bibliográficos
Autor Principal: Cerutti, Eugenio
Outros autores: Claessens, Stijn
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/180
Acceso en liña:Full text available on IMF