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...

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書目詳細資料
主要作者: Lee, Seung
其他作者: Liu, Lucy Qian, Stebunovs, Viktors
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2017.
叢編:IMF Working Papers; Working Paper ; No. 2017/016
在線閱讀:Full text available on IMF