Cross-Border Credit Intermediation and Domestic Liquidity Provision in a Small Open Economy /
This paper develops a small open economy model where global and domestic liquidity is intermediated to the corporate sector through two financial processes. Investment banks intermediate cross-border credit through interlinked debt contracts to entrepreneurs and commercial banks intermediate domesti...
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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2018.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2018/202 |
| 在线阅读: | Full text available on IMF |