skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

Cross-Border Banking and Global Liquidity

The Review of economic studies, 2015-04, Vol.82 (2 (291)), p.535-564 [Peer Reviewed Journal]

The Review of Economic Studies Ltd 2015 ;Copyright Oxford University Press, UK Apr 2015 ;ISSN: 0034-6527 ;EISSN: 1467-937X ;DOI: 10.1093/restud/rdu042

Digital Resources/Online E-Resources

Citations Cited by
  • Title:
    Cross-Border Banking and Global Liquidity
  • Author: BRUNO, VALENTINA ; SHIN, HYUN SONG
  • Subjects: Bank liquidity ; Banking industry ; Capital movement ; Capital movements ; Cross border transactions ; Financial leverage ; International banking ; Studies
  • Is Part Of: The Review of economic studies, 2015-04, Vol.82 (2 (291)), p.535-564
  • Description: We investigate global factors associated with bank capital flows. We formulate a model of the international banking system where global banks interact with local banks. The solution highlights the bank leverage cycle as the determinant of the transmission of financial conditions across borders through banking sector capital flows. A distinctive prediction of the model is that local currency appreciation is associated with higher leverage of the banking sector, thereby providing a conceptual bridge between exchange rates and financial stability. In a panel study of 46 countries, we find support for the key predictions of our model.
  • Publisher: Oxford: Oxford University Press
  • Language: English
  • Identifier: ISSN: 0034-6527
    EISSN: 1467-937X
    DOI: 10.1093/restud/rdu042
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait