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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Lee, Seung
Muut tekijät: Liu, Lucy Qian, Stebunovs, Viktors
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2017.
Sarja:IMF Working Papers; Working Paper ; No. 2017/016
Linkit:Full text available on IMF