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...
Egile Nagusiak: | , |
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Formatua: | Journal article |
Hizkuntza: | English |
Argitaratua: |
Elsevier
2022
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