Non-performing loans and the lending channel of shock transmission across countries
Recent international macroeconomics literature on global imbalances explains the U.S. persistent current account deficit and emerging countries’ surplus. Little research has been done at the banking-sector level, where U.S. banks are lenders to banks in emerging countries. We build a two-country fra...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2022-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2022.2046239 |