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Why Are Canadian Banks More Resilient?

Author/Editor: Rocco Huang, Lev Ratnovski.

Release Date:July, 2009

This paper explores factors behind Canadian banks' relative resilience in the ongoing credit turmoil. We identify two main causes: a higher share of depository funding (vs. wholesale funding) in more...



Price: $18.00
Balance of Payments Anti-Crises

Author/Editor: Isabel K. Yan, Michael Kumhof.

Release Date:June, 2009

Several emerging economies have, until recently, experienced large government surpluses and accelerating foreign exchange reserve accumulation. This has been accompanied by economic booms, exchange more...



Price: $18.00
The Determinants of International Portfolio Holdings and Home Bias

Author/Editor: Shujing Li, Isabel K. Yan, Hamid Faruqee.

Release Date:February, 2004

Despite the liberalization of foreign portfolio investment around the globe since the early 1980s, the home-bias phenomenon is still found to exist. Using a relatively new IMF survey dataset of more...



Price: $15.00