US monetary policy and global banking flows

This note investigates the impact of US monetary policy on US global bank leverage and cross-border US dollar denominated banking flows, using US monetary policy shocks identified based on narrative sources and the Federal Reserve’s Greenbook forecasts (Romer and Romer, 2004). Compared to Bruno and...

Ausführliche Beschreibung

Bibliographische Detailangaben
Hauptverfasser: Lee, S, Bowdler, C
Format: Journal article
Sprache:English
Veröffentlicht: Elsevier 2020