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Being a Foreigner Among Domestic Banks
Horen, Neeltje van - 2009
Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improves...
Persistent link: https://www.econbiz.de/10012677516
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Sudden Stops and Currency Drops : A Historical Look
Catão, Luis - 2006
Intro -- Contents -- I. INTRODUCTION -- II. PATTERNS OF SUDDEN STOPS -- III. CAPITAL FLOWS AND CURRENCY CRASHES -- IV. DOMESTIC FINANCIAL IMPERFECTIONS AND PROCYCLICAL BEHAVIOR -- V. CONCLUSION -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691199
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Foreign Banks; Trends, Impact and Financial Stability
Horen, Neeltje van; Claessens, Stijn - International Monetary Fund (IMF) - 2012
This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host countries. Current market shares of foreign banks average 20...
Persistent link: https://www.econbiz.de/10009650620
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Being a Foreigner Among Domestic Banks; Asset or Liability?
Horen, Neeltje van; Claessens, Stijn - International Monetary Fund (IMF) - 2009
Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improves...
Persistent link: https://www.econbiz.de/10008497616
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Exchange Rates in the Periphery and International Adjustment Under the Gold Standard
Catão, Luis; Solomou, Solomos - International Monetary Fund (IMF) - 2003
The role of exchange rate flexibility in the periphery of the gold standard has been grossly overlooked. This paper builds a new dataset on trade-weighed exchange rates for the period 1870-1913 and finds that large currency movements in periphery countries operating inconvertible paper-money and...
Persistent link: https://www.econbiz.de/10005769107
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Sudden Stops and Currency Drops; A Historical Look
Catão, Luis - International Monetary Fund (IMF) - 2006
This paper shows that recent manifestations of sudden stops (SSs) in international capital flows have striking parallels in the early financial globalization era preceding World War I. All main capital-importing countries then faced episodic capital flow reversals averaging some 5 percent of GDP...
Persistent link: https://www.econbiz.de/10005605128
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Investment-Led Growth in China; Global Spillovers
Ahuja, Ashvin; Nabar, Malhar - International Monetary Fund (IMF) - 2012
-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers … from an investment slowdown in China. It finds that a one percentage point slowdown in investment in China is associated … vulnerable to an investment slowdown in China. The spillover effects also register strongly across a range of macroeconomic …
Persistent link: https://www.econbiz.de/10011242248
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The Spillover Effects of a Downturn in China’s Real Estate Investment
Ahuja, Ashvin; Myrvoda, Alla - International Monetary Fund (IMF) - 2012
Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sectorâ … process relies primarily on collateral, like in China. As a result, the impact on economic activity of a collapse in real …€™s trading partners. Using a two-region factor-augmented vector autoregression model that allows for interaction between China …
Persistent link: https://www.econbiz.de/10011142057
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The spillover effects of a downturn in China’s real estate investment
Ahuja, Ashvin; Myrvoda, Alla - 2012
Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector … process relies primarily on collateral, like in China. As a result, the impact on economic activity of a collapse in real … estate investment in China though a low-probability event would be sizable, with large spillovers to a number of China …
Persistent link: https://www.econbiz.de/10009679024
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Investment-Led Growth in China
Ahuja, Ashvin - 2012
Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10012677549