Foreign Banks and International Transmission of Monetary Policy : Evidence from the Syndicated Loan Market
This paper uses loan-level data from 124 countries over 1995–2015 to examine the transmission of monetary policy through the cross-border syndicated loan market. The results show that the expansion of monetary policy increases cross-border credit s...
Main Authors: | , , |
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/190371483993294665/Foreign-banks-and-international-transmission-of-monetary-policy-evidence-from-the-syndicated-loan-market http://hdl.handle.net/10986/25946 |