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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| 格式: | 雜誌 |
| 語言: | English |
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Washington, D.C. :
International Monetary Fund,
2019.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2019/199 |
| 在線閱讀: | Full text available on IMF |