International spillovers from US monetary policy: evidence from Asian bank-level data
We investigate spillovers from US monetary policy to bank lending in Asia. When Asian banks use funding denominated in US dollars and other currencies, a tightening of US monetary policy will contract bank loan supply via funding volumes/costs. Panel regressions demonstrate such effects on bank lend...
| Auteurs principaux: | , |
|---|---|
| Format: | Journal article |
| Langue: | English |
| Publié: |
Elsevier
2022
|