Foreign banks and international transmission of monetary policy : evidence from the syndicated loan market / Asli Demirguc-Kunt, Balint Horvath and Harry Huizinga.

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 supply especially to weaker firms. However, greater f...

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Bibliographic Details

Online Access:	Full Text (via Open Knowledge Repository)
Main Authors:	Demirgüç-Kunt, Aslı, 1961- (Author), Horvath, Balint (Author), Huizinga, Harry (Author)
Format:	Electronic eBook
Language:	English
Published:	London : Centre for Economic Policy Research, 2017.
Series:	Discussion paper (Centre for Economic Policy Research (Great Britain)) ; no. 11796.
Subjects:	Transmission mechanism (Monetary policy) International economic relations. Banks and banking, Foreign. Credit.