Foreign Banks and International Transmission of Monetary Policy : Evidence from the Syndicated Loan Market

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 s...

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Bibliographic Details
Main Authors: Demirguc-Kunt, Asli, Horvath, Balint L., Huizinga, Harry
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/190371483993294665/Foreign-banks-and-international-transmission-of-monetary-policy-evidence-from-the-syndicated-loan-market
http://hdl.handle.net/10986/25946