. Using the bank-level panel data of the banking system in Korea, we present consistent evidence on the buffering and … hampering impact of foreign banks, especially foreign bank branches, on the effectiveness of the monetary policy transmission … mechanism in Korea from the bank-lending channel perspective during the period of the global financial crisis of 2008-9 …

. Using the bank-level panel data of the banking system in Korea, we present consistent evidence on the buffering impact of … foreign banks, especially foreign bank branches including American bank branches, on the effectiveness of the monetary policy … transmission mechanism in Korea from the bank-lending channel perspective during the period of the global financial crisis of 2008 …

foreign ownership in its banking sector. Using the bank-level panel data of the banking system in Korea, we present consistent … Korea from the bank-lending channel perspective during the global financial crisis of 2008-2009. Our further analyses show … that this buffering effect is mostly driven by foreign bank branches whose parent banks are located in the U.S. One of the …

the financial crisis in the euro area and show how, by preventing bank capital outflow in 2009, the Polish regulatory … authorities managed to reduce its contagion to Poland. We also show that under foreign bank ownership such policy is strongly …