| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19038 |
| 来源ID | Working Paper 19038 |
| Capital Flows, Cross-Border Banking and Global Liquidity | |
| Valentina Bruno; Hyun Song Shin | |
| 发表日期 | 2013-05-09 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | We investigate global factors associated with cross-border capital flows. We formulate a model of gross capital flows through the international banking system and derive a closed form solution that highlights the leverage cycle of global banks as being a prime determinant of the transmission of financial conditions across borders. We then test the predictions of our model in a panel study of 46 countries and find that global factors dominate local factors as determinants of banking sector capital flows. |
| 主题 | International Economics ; International Finance ; Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w19038 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576712 |
| 推荐引用方式 GB/T 7714 | Valentina Bruno,Hyun Song Shin. Capital Flows, Cross-Border Banking and Global Liquidity. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
