US vs. Euro Area : Who Drives Cross-Border Bank Lending to EMs? /

This paper analyzes the drivers of cross-border bank lending to 49 Emerging Markets (EMs) during the period 1990Q1-2014Q4, by assessing the impact of monetary, financial and real sector shocks in both the US and the euro area. The literature has traditionally highlighted the influence of US monetary...

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Xehetasun bibliografikoak
Egile nagusia: Cerutti, Eugenio
Beste egile batzuk: Osorio Buitron, Carolina
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2019.
Saila:IMF Working Papers; Working Paper ; No. 2019/199
Sarrera elektronikoa:Full text available on IMF