Showing 1 - 6 of 6
Both academic researchers and policymakers posit a unique role for the US in the inter-national financial system. This paper investigates the characteristics and determinants of US cross-border financial flows and examines how these contrast with those of the rest of the world. We analyse the...
Persistent link: https://www.econbiz.de/10011975553
statistical authorities and refining estimation methods. The paper illustrates current and new uses of these data, with particular …
Persistent link: https://www.econbiz.de/10012224121
Persistent link: https://www.econbiz.de/10009765166
financial crisis, which stands out in international comparison as banks located in the euro area and in the rest of the EU …
Persistent link: https://www.econbiz.de/10011802126
Does distance matter for the volatility of international real and financial transactions? We show that it does, in addition to its well-established relevance for the level of trade. A simple model of trade with endogenous markups shows that demand shocks have a larger impact on trade between...
Persistent link: https://www.econbiz.de/10011994537
-border bank lending in US dollars, and particularly in euro, is highly concentrated in a small number of countries. The UK is … central in the international network of loans denominated in euro, although there are tentative signs that this role has … optimisation strategies. The empirical analysis suggests that euro-denominated loans face the "tyranny of distance", in line with …
Persistent link: https://www.econbiz.de/10014507151