Browsing by Author "Kalemli-Özcan, Şebnem"

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  • Capital flows and the international credit channel
    Baskaya, Yusuf Soner; di Giovanni, Julian; Kalemli-Özcan, Şebnem; Peydró, José-Luis; Ulu, Mehmet Fatih (2017-01-01)
    We examine the role of the international credit channel in Turkey over 2005-2013. We show that larger, more capitalised banks with higher non-core liabilities increase credit supply when capital inflows are higher. This ...
  • Capital flows and the international credit channel
    Baskaya, Yusuf Soner; Di Giovanni, Julian; Kalemli-Özcan, Şebnem; Peydró, José-Luis; Ulu, Mehmet Fatih (Elsevier, 2017)
    We examine the role of the international credit channel in Turkey over 2005–2013. We show that larger, more capitalized banks with higher non-core liabilities increase credit supply when capital inflows are higher. This ...
  • Financial regulation, financial globalization, and the synchronization of economic activity
    Kalemli-Özcan, Şebnem; Papaioannou, Elias; Peydró, José-Luis (Wiley, 2013)
    We analyze the impact of financial globalization on business cycle synchronization using a proprietary database on banks’ international exposure for industrialized countries during 1978 to 2006. Theory makes ambiguous ...
  • Foreign Investment and Domestic Productivity: Identifying knowledge spillovers and competition effects
    Fons-Rosen, Christian; Kalemli-Özcan, Şebnem; Sørensen, Bent E.; Villegas-Sanchez, Carolina; Volosovych, Vadym (2017-07-01)
    We study the impact of foreign direct investment (FDI) on total factor productivity (TFP) of domestic firms using a new, representativ firm-level data set spanning six countries. A novel finding is that firm-level spillovers ...
  • International spillovers and local credit cycles
    Baskaya, Yusuf Soner; di Giovanni, Julian; Kalemli-Özcan, Şebnem; Ulu, Mehmet Fatih (2017-02-01)
    Most capital inflows are intermediated by domestic banks. We use transaction-level data on bank credit to estimate the causal impact of capital infl ows on lending. The key mechanism is a failure of UIP, where capital ...
  • What lies beneath the euro's effect on financial integration? currency risk, legal harmonization, or trade?
    Kalemli-Özcan, Şebnem; Papaioannou, Elias; Peydró, José-Luis (2010-06)
    Although recent research shows that the euro has spurred cross-border financial integration, the exact mechanisms remain unknown. We investigate the underlying channels of the euro’s effect on financial integration using ...