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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Lee, Seung
מחברים אחרים: Liu, Lucy Qian, Stebunovs, Viktors
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2017.
סדרה:IMF Working Papers; Working Paper ; No. 2017/016
גישה מקוונת:Full text available on IMF