 | International Bank Lending Channel of Monetary Policy Author/Editor: Silvia Albrizio, Sangyup Choi, Davide Furceri, Chansik Yoon. Release Date:November, 2019 How does domestic monetary policy in systemic countries spillover to the rest of the world? This paper examines the transmission channel of domestic monetary policy in the cross-border context. We more...
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| International Fiscal-financial Spillovers: The Effect of Fiscal Shocks on Cross-border Bank Lending Author/Editor: Sangyup Choi, Davide Furceri, Chansik Yoon. Release Date:July, 2019 This paper sheds new light on the degree of international fiscal-financial spillovers by investigating the effect of domestic fiscal policies on cross-border bank lending. By estimating the dynamic more...
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