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This paper contributes to the understanding of the international financial linkages created by US banks by looking at the geographical composition and structure of the balance sheet of foreign branches. The empirical investigation, which is based on a novel dataset containing balance sheet...
Persistent link: https://www.econbiz.de/10011561804
methodology to test the contagion effect at the country level using bilateral data on bank claims between countries. It measures …
Persistent link: https://www.econbiz.de/10011703247
This paper investigates and tests the role of regional exposures in financial contagion from advanced to emerging …
Persistent link: https://www.econbiz.de/10011856333
We examine whether changes in sovereign credit ratings assessments provided by rating agencies help to determine international bank flows to emerging countries. We focus on the quarterly banking flows of G7 countries to a sample of 55 emerging market borrowers for the period 1995-2008. We find...
Persistent link: https://www.econbiz.de/10013094799
transmission. -- bank ; global ; liquidity ; transmission ; capital markets ; crisis ; contagion …
Persistent link: https://www.econbiz.de/10009266718
Existing literature has identified domestic restrictive monetary policy and deteriorating funding conditions as the predominant factors explaining the increase in net interoffice accounts of global banks, that is, the net liabilities of parent offices due to their related foreign offices. The...
Persistent link: https://www.econbiz.de/10011312233
effective, regaining traction and preventing contagion. A central instrument to this end is the creation of the World Financial …This paper will propose a plan to reform international finance – the World Financial Authority (WFA) Plan. Under such a …
Persistent link: https://www.econbiz.de/10013095450
Persistent link: https://www.econbiz.de/10011524726
By its very name financial contagion invokes a metaphor, which like all metaphors require an interpretation. In the … discussion on financial contagion, key themes emerge and appear in many contexts and this paper follows them. The idea of … correlation between or among affected domains - financial instruments, firms, markets, economies, countries, regions, or the world …
Persistent link: https://www.econbiz.de/10013008177
lead to more effective evaluations. The model includes some connecting aspects, as like indirect correlation and contagion …
Persistent link: https://www.econbiz.de/10013048568