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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Cerutti, Eugenio
Awduron Eraill: Osorio Buitron, Carolina
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2019.
Cyfres:IMF Working Papers; Working Paper ; No. 2019/199
Mynediad Ar-lein:Full text available on IMF