Spillovers Through Banking Centers : A Panel Data Analysis

A Panel Data Analysis

Spillovers Through Banking Centers : A Panel Data Analysis
To test the role of bank lending in transmitting currency crisis we examine a panel of BIS data on bank flows to 30 emerging markets disaggregated by 11 banking centers. We find that bank exposures to a crisis country help predict bank flows in third countries after the Mexican and Asian crisis, but not after the Russian crisis. In the latter,... READ MORE...

Publication date: May 2000
ISBN 9781451851151
$15.00

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