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Browsing Departament d'Economia i Empresa by Subject "bank credit"

Browsing Departament d'Economia i Empresa by Subject "bank credit"

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  • Barbone Gonzalez, Rodrigo; Khametshin, Dmitry; Peydró, José-Luis; Polo, Andrea (2018-10-01)
    We show that local central bank policies attenuate global financial cycle (GFC) s spillovers. For identification, we exploit GFC shocks and Brazilian interventions in FX derivatives using three matched administrative ...
  • Baskaya, Yusuf Soner; di Giovanni, Julian; Kalemli-Özcan, Sebnem; 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 ...

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