. Moreover, the central role of the U.S. dollar in global trade invoicing and financing - the dominant currency paradigm - and … the increased integration of EMEs into international supply chains weaken the traditional trade channel. Finally, as …

Global financial institutions play an important role in channeling funds across countries and, therefore, transmitting … financial institutions' business models. In particular, we use Dutch, Spanish, and U.S. confidential supervisory data to test … heterogeneity in the transmission of monetary policy across the three types of institutions, across the three banking systems, and …