Browsing by Author "Gülsen, Eda"

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  • Gülsen, Eda (Universitat Pompeu Fabra, 2021-04-16)
    This thesis contributes to the empirical literature that analyses the link between banking, international finance and monetary policy. It studies several micro-level supervisory databases, each crucial for identification. ...
  • Fendoğlu, Salih; Gülsen, Eda; Peydró, José-Luis (2019-11-01)
    We show that global liquidity limits the effectiveness of local monetary policy on credit markets. The mechanism is via a bank carry trade in international markets when local monetary policy tightens. For identification, ...
  • Fendoğlu, Salih; Gülsen, Eda; Peydró, José-Luis (2019-11)
    We show that global liquidity limits the effectiveness of local monetary policy on credit markets. The mechanism is via a bank carry trade in international markets when local monetary policy tightens. For identification, ...

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