Risk Taking and Interest Rates : Evidence from Decades in the Global Syndicated Loan Market /

We study how low interest rates in the United States affect risk taking in the market of crossborder leveraged corporate loans. To the extent that actions of the Federal Reserve affect U.S. interest rates, our analysis provides evidence of a cross-border spillover effect of monetary policy. We find...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Lee, Seung
مؤلفون آخرون: Liu, Lucy Qian, Stebunovs, Viktors
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Working Papers; Working Paper ; No. 2017/016
الوصول للمادة أونلاين:Full text available on IMF