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Contribution Details

Type Conference Presentation
Scope Discipline-based scholarship
Title Domestic Policies and International Spillovers Through Global Banks
Organization Unit
Authors
  • Steven Ongena
Presentation Type keynote
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Event Title 24th Conference of the Multinational Finance Society
Event Type conference
Event Location Bucharest, Romania
Event Start Date June 25 - 2017
Event End Date June 28 - 2017
Abstract Text In today’s globally interconnected financial system, the effects of domestic policy actions reach far beyond national borders. Monetary policy, for example, can affect local and international financial markets in numerous ways: Via interest rates, asset prices, and the availability of credit. These monetary effects can then feed into the real side of the economy. Recent attention has turned to the impact of various domestic policies on the supply of credit to borrowers located abroad. The rise of global banks, i.e., banks which lend to borrowers cross-border or maintain foreign affiliates in many other countries, over the past two decades has added a sense of urgency to the study of many potential “global” bank lending channels.
Official URL http://www.mfsociety.org/page.php?pageID=187
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